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Stitch Fix Fiscal Q4 Loss Widens, Revenue Declines; Sets Outlook -- Shares Fall After-hours
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Stitch Fix Fiscal Q4 Loss Widens, Revenue Declines; Sets Outlook -- Shares Fall After-hours
Oct 3, 2024 1:09 AM

04:24 PM EDT, 09/24/2024 (MT Newswires) -- Stitch Fix ( SFIX ) reported a fiscal Q4 net loss late Tuesday of $0.29 per diluted share, wider than a loss of $0.17 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.19 per share.

Revenue for the quarter ended Aug. 3 was $319.6 million, down from $364.7 million a year ago. Analysts expected $317.3 million.

The company expects fiscal Q1 revenue of $303 million to $310 million. Analysts expected $331.3 million.

For 2025, Stitch Fix ( SFIX ) expects revenue of $1.11 billion to $1.16 billion. Analysts expected $1.31 billion.

Shares fell 18% in after-hours activity.

Price: 3.0500, Change: -0.70, Percent Change: -18.67

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