Categories AlphaGraphs, Earnings, Other Industries

Earnings: Stitch Fix (SFIX) Q2 loss widens despite an increase in revenues

Stitch Fix, Inc. (NASDAQ: SFIX), a leading provider of online personal styling services, Tuesday said its second-quarter net loss widened despite an increase in revenues. The bottom-line matched analysts’ expectations, while revenues beat.

Stitch Fix Q2 2022 earnings infographic

The San Francisco, California-based company had around 4.0 million active clients at the end of the second quarter. It reported a net loss of $30.9 million or $0.28 per share for the three-month period, which is wider than last year’s loss of $21.0 million or $0.20 per share. The latest number matched analysts’ forecasts.

Revenues moved up to $516.7 million in the January quarter from $504.1 million in the corresponding period of 2021. The top-line also beat the consensus estimate.


Read management/analysts’ comments on Stitch Fix’s Q2 earnings


Stitch Fix’s shares have lost 72% in the past six months. They closed Monday’s regular session higher but declined in the after-hours soon after the announcement.

Prior Performance

  • Stitch Fix Q3 2021 earnings infographic
  • Stitch Fix Q2 2021 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Bank of America (BAC) Stock

Wells Fargo (WFC) Stock

JPMorgan Chase (JPM) Stock

Citigroup (C) Stock

Goldman Sachs (GS) Stock

Morgan Stanley (MS) Stock

_________________________________________________________________________________________________________________

Most Popular

Infographic: How Starbucks (SBUX) performed in Q1 2023

Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections.   Global comparable store sales increased

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search

HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results

Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top