Vera Bradley, Inc. provided consolidated earnings guidance for the year ending February 3, 2024. For the year, the company expects consolidated net revenues of $490 to $500 million. Net revenues totaled $500.0 million in Fiscal 2023.

Consolidated operating income of $24 to $28 million compared to $12.3 million in Fiscal 2023. Consolidated diluted EPS of $0.57 to $0.65 based on diluted weighted-average shares outstanding of approximately 31.0 million and an effective tax rate of approximately 28%. Diluted EPS totaled $0.24 last year.