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STITCH FIX, INC (NASDAQ:SFIX) - Stitch Fix s Blend Of Two Sources Of Intelligence Is A Gem

STITCH FIX, INC (NASDAQ:SFIX) - Stitch Fix s Blend Of Two Sources Of Intelligence Is A Gem
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

It s 2021 Why is buying clothes online still so hard?

It s 2021 Why is buying clothes online still so hard?
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ViacomCBS, GameStop, AMC: Stocks That Defined the Week

Provided by Dow Jones By Francesca Fontana ViacomCBS Inc. A new British invasion is generating a princely sum for some American entertainment companies. About 17.1 million people tuned in on March 7 to watch Oprah Winfrey s interview with Prince Harry and Duchess of Sussex Meghan Markle on the ViacomCBS-owned CBS network, which paid a licensing fee between $7 million and $9 million. Ms. Winfrey is also working with Prince Harry on a special about mental health for Apple TV+. ViacomCBS shares rose 13% Monday. Dick s Sporting Goods Inc. The late stages of the pandemic will test the stamina of Dick s Sporting Goods. The retailer said on Tuesday that it expects sales to ease this year after last year s growth, fueled by strong demand for at-home fitness equipment during lockdown. Like other retailers, Dick s strengthened its e-commerce operation last year to continue to reach shoppers adjusting to new work and lifestyle patterns. Now, the

Stitch Fix reports lower than expected sales in the second quarter

The U.S. firm had 3.87 million active users by the end of the fiscal Q2. Stitch Fix tanked roughly 20% in after-hours trading on Monday. Stitch Fix Inc. (NASDAQ: SFIX) said on Monday that its sales in the fiscal second quarter came in lower than what analysts had anticipated, despite the ongoing COVID-19 crisis that has so far infected more than 29 million people in the United States and caused over half a million deaths. Stitch Fix shares, that you can trade online via user-friendly apps, closed the regular session roughly 8% down on Monday. In after-hours trading, the stock tanked another 20% to trade at a per-share price of £39.79. In comparison, it had started the year 2021 at only a slightly higher £40.55 per share.  

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