Stitch Fix Announces First Quarter of Fiscal Year 2023 Financial Results
Stitch Fix, Inc. - Class A (SFIX)
Last stitch fix, inc. - class a earnings: 3/9 04:05 pm
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Source: GlobeNewswire
SAN FRANCISCO, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the trusted online personal stylist, today announced its financial results for the first quarter of fiscal year 2023 ended October 29, 2022. Stitch Fix CEO Elizabeth Spaulding said, “This quarter we made meaningful progress on our transformation journey despite a difficult macro environment. Through diligent cost savings and efficiencies we beat our adjusted EBITDA expectations for Q1 and have improved our adjusted EBITDA guidance for FY23. By enhancing our client experience, rightsizing our cost structure, evolving our marketing and deepening our differentiators of fit, discovery, and human relationships, we are positioning ourselves well to achieve profitability in the near term and a return to growth in the future.” First Quarter Key Metrics and Financial Highlights Net revenue of $455.6 million, a decrease of 22% year over yearActive clients of 3,709,000, a decrease of 471,000 or 11% year over ye
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News
- Stitch Fix (SFIX) Gains on Operational Efficiency, Innovation [Yahoo! Finance]Yahoo! Finance
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- Fashion Workwear Brand Argent Helps Women In Every Field Drop-Kick The Glass Ceiling [Forbes]Forbes
- Top 4 denim trends for spring, according to fashion experts [CNN]CNN
- Stitch Fix, Inc. (NASDAQ: SFIX) is now covered by analysts at UBS Group AG. They set a "neutral" rating and a $2.80 price target on the stock.MarketBeat
SFIX
Earnings
- 3/4/24 - Miss
SFIX
Sec Filings
- 4/19/24 - Form 4
- 4/18/24 - Form 144
- 4/4/24 - Form 4
- SFIX's page on the SEC website