SFIX Stock Recent News

Stitch Fix's (SFIX) dedication to operational efficiency, customer satisfaction, and advanced technology position it for success despite challenges in retaining active clients.

Stitch Fix's (SFIX) commitment to operational efficiency, customer satisfaction and cutting-edge technology sets it on a path to success amid challenges in maintaining active client numbers.

Stitch Fix Inc (NASDAQ:SFIX) shares fell more than 20% after the online personal styling service provider's fiscal third quarter guidance disappointed investors.  For the fiscal third quarter, ending April 27, 2024, Stitch Fix expects to report net revenue of $300 million to $310 million, representing a decline of 22% to 19% over the comparable period last year.

Stitch Fix's (SFIX) Q2 results highlight the company's focus on enhancing client experience and strategic adjustments. Efforts in merchandising and marketing improve gross margins despite a decrease in active clients.

With clothing demand still muted, online styling service Stitch Fix Inc. on Monday said it was trying to become a more “fun” destination for customers, while online second-hand shop ThredUp Inc. has been trying to make a bigger push into consignment sales.

The headline numbers for Stitch Fix (SFIX) give insight into how the company performed in the quarter ended January 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Stitch Fix (SFIX) came out with a quarterly loss of $0.21 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.34 per share a year ago.

Stitch Fix, Inc. (NASDAQ:SFIX ) Q2 2024 Earnings Conference Call March 4, 2024 5:00 PM ET Company Participants Hayden Blair - Investor Relations Matt Baer - Chief Executive Officer David Aufderhaar - Chief Financial Officer Conference Call Participants Youssef Squali - Truist Securities Simeon Siegel - BMO Capital Markets Tom Nikic - Wedbush Aneesha Sherman - Bernstein Maria Ripps - Canaccord Edward Yruma - Piper Sandler & Company Kunal Madhukar - UBS Operator Good afternoon, and thank you for standing by. Welcome to the Second Quarter Fiscal Year 2024 Stitch Fix Earnings Call.

SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced that it will release financial results for its second quarter fiscal year 2024 ended January 27, 2024 after market close on Monday, March 4, 2024. Following this, Stitch Fix will hold a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results and outlook. The call will be hosted by Matt Baer, CEO, and David Aufderhaar, CFO.

Stitch Fix (SFIX) reported earnings 30 days ago. What's next for the stock?