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Stock impact report

Is Stitch Fix the Role Model Blue Apron Needs for Its Turnaround? [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
The meal-kit provider could learn a thing or two from the profitable subscription-styling service. Blue Apron   ( NYSE:APRN ) has been one of the most-maligned IPOs on the market this year, and it's easy to see why. Shares of the meal-kit service are down nearly 60% from their $10 IPO price, and were down as much as 70% before the company ushered out CEO and co-founder Matt Salzberg to replace him with CFO Brad Dickerson, who had previously served as CFO and COO at Under Armour . While the company owes many of its problems to  its own mistakes , including a mishandled transition to a new facility in Linden, NJ, the success of  Stitch Fix  ( NASDAQ:SFIX ) , another -subscription-box service, may shed light on a fundamental flaw in Blue Apron's strategy. Image source; Blue Apron. Misjudging the market Blue Apron sees the market for its meal kits, which are shipped directly to your home, as pretty much anyone who eats food. According to the company's pros Show less Read more
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