Overview

* Stitch Fix ( SFIX ) fiscal Q4 rev falls 2.6% YoY, beats analyst expectations, per LSEG data

* Net revenue per active client rises 3% YoY to $549

* Adjusted EBITDA of $8.7 mln beats analyst estimates, per LSEG data

Outlook

* Company expects Q1 2026 net revenue of $333 mln to $338 mln

* Stitch Fix ( SFIX ) sees FY 2026 net revenue between $1.28 bln and $1.33 bln

* Company forecasts FY 2026 gross margin of 43% to 44%

* Stitch Fix ( SFIX ) anticipates FY 2026 advertising expense at 9% to 10% of revenue

Result Drivers

* TRANSFORMATION STRATEGY - CEO attributes positive momentum to successful execution of transformation strategy, including improvements to client experience and assortment

* ADJUSTED REVENUE GROWTH - Adjusted net revenue increased 4.4% YoY, reflecting impact of extra week in fiscal 2024

* CLIENT SPENDING - Net revenue per active client grew 3.0% YoY to $549, indicating increased spending per client

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Beat $311.20 $309.30

Revenue mln mln (4

Analysts

)

Q4 EPS Beat -$0.07 -$0.1 (4

Analysts

)

Q4 Net Beat -$8.60 -$13.70

Income mln mln (4

Analysts

)

Q4 Beat $8.70 $6.46

Adjusted mln mln (4

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the online services peer group is "buy."

* Wall Street's median 12-month price target for Stitch Fix Inc ( SFIX ) is $5.25, about 4% below its September 23 closing price of $5.46

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)