Vera Bradley reports Q3 revenues at low end of its guidance

Net revenues at Vera Bradley totalled 97.7 million dollars for the current year third quarter ended November 3, 2018 compared to 114.1 million dollars in the prior year third quarter. The company said, revenues were at the low end of the company’s guidance range of 98 million dollars to 103 million dollars. The company posted net income of 4.2 million dollars or 12 cents per diluted share compared to 0.4 million dollars or 1 cent per diluted share.