Stock Data
$0.12 (3.17%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
APPAREL RETAIL
Stitch Fix Inc is a pioneering online personal styling service that delivers personalized clothing, shoes, and accessories directly to customers. Operating in the United States and the United Kingdom, it caters to men, women, and kids, offering a wide variety of items including denim, dresses, and jewelry. Founded in 2011 and based in San Francisco, California, Stitch Fix has redefined the shopping experience with its unique blend of technology and fashion.
Stitch Fix notched its fifth consecutive quarter of revenue growth and swung toward profitability with sequential client expansion, as CEO Matt Baer raised full-year guidance on continued confidence despite consumer uncertainty. Revenue per active client jumped 6.6% year-over-year to $578, offsetting a still-declining overall client base, while the company narrowed losses to just $0.01 per share from $0.06 a year ago.
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