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Stock impact report

Stitch Fix Just Crushed Q1 Earnings, but Does It Belong in Your Portfolio? [The Motley Fool]

Stitch Fix, Inc. - Class A (SFIX) 
Last stitch fix, inc. - class a earnings: 3/9 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.stitchfix.com
Company Research Source: The Motley Fool
On June 7, online styling serviceStitch Fix(NASDAQ:SFIXThe resultsIn Stitch Fix's fiscal third quarter (the three-month period ended May , 0), revenue grew % year over year to $6 million. This was an impressive showing, but investors should remember this report is lapping the spring 00 quarter when revenue dropped 9%. If we compare the third quarter of fiscal 0 to the same period in fiscal 09, revenue only increased % on a two-year basis. That is still solid growth but not quite what the headline numbers suggest.Image source: Getty Images.An important metric for Stitch Fix's business is active clients, which tracks the number of Stitch Fix shoppers active over the past months. In the latest quarter, active clients grew 0% year over year to . million, while also growing ,000 from the previous quarter, marking its second-highest quarter-on-quarter client growth ever.While Stitch Fix's top line and user numbers look solid, the company is still struggling to generate profits. Over the la Show less Read more
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