STITCH FIX, INC (NASDAQ:SFIX) - The Pandemic Has Changed Fashion Retail Forever
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Stitch Fix, Inc (SFIX) Q2 2021 Earnings Call Transcript
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Stitch Fix shares plunge as the company swings to a loss, misses revenue estimates
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Stitch Fix swings to a quarterly loss and softens outlook on shipping delays; shares plunge CNBC 3/8/2021 Amelia Lucas
Stitch Fix on Monday missed analysts revenue expectations as shipping delays and lower customer spend ate into sales.
The subscription styling service lowered its revenue forecast for the current quarter and fiscal year.
On average, active clients spent 7% less than the same time a year ago. © Provided by CNBC Katrina Lake, CEO of Stitch Fix
Stitch Fix on Monday reported a narrower-than-expected loss for its latest quarter, but the company missed analysts expectations for revenue and outlook as shipping delays and lower customer spend ate into sales.