Subscription clothing service Stitch Fix files for IPO [MarketWatch]
Blue Apron Holdings, Inc. (APRN)
Last blue apron holdings, inc. earnings: 4/29 06:15 am
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Source: MarketWatch
Subscription clothing service Stitch Fix files for IPO Stitch Fix Inc. sfix a subscription-clothing service startup, filed for an initial public offering Thursday that could test investors' appetite for subscription models after a tough first few months for Blue Apron Holdings Inc. APRN, -2.45% In its filing with the Securities and Exchange Commission , Stitch Fix said it was targeting $100 million in proceeds, but that is typically a placeholder figure that will be replaced on subsequent filings. The company, which claims it is "reinventing the shopping experience by delivering one-to-one personalization to our clients through the combination of data science and human judgment," intends to list under the ticker symbol SFIX on the Nasdaq exchange. Financial information shared in the filing show very strong revenue gains, from net revenue of $73.2 million in its 2014 fiscal year to $342.8 million in 2015, $730.3 million in 2016 and $977.1 million in the 2017 fiscal year, which en
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