04:45 PM EST, 12/10/2024 (MT Newswires) -- Stitch Fix ( SFIX ) reported a fiscal Q1 net loss late Tuesday of $0.05 per diluted share, narrowing from the loss of $0.30 a year earlier.

Analysts polled by FactSet expected a loss of $0.14 per share.

Revenue in the three months ended Nov. 2 fell to $318.8 million from $364.8 million a year earlier. Analysts expected $306.9 million.

The company expects fiscal Q2 revenue of $290 million to $300 million. Analysts project $283.5 million.

Stitch Fix ( SFIX ) boosted fiscal 2025 revenue guidance to $1.14 billion to $1.18 billion from $1.11 billion to $1.16 billion. Analysts expect $1.14 billion.

The company's shares jumped 23% in recent after-hours activity.

Price: 5.66, Change: +1.06, Percent Change: +23.04