Categories AlphaGraphs, Consumer, Earnings
Infographic: Stitch Fix (SFIX) slips to loss in Q2; revenues up 12%
Stitch Fix, Inc. (NASDAQ: SFIX) on Monday reported a net loss for the second quarter of 2021, compared to profit last year. Meanwhile, revenues grew 12%.
The San Francisco, California-based personal styling company had around 3.9 million active clients at the end of the second quarter, up 12% year-over-year. It reported a net loss of $21.04 million or $0.20 per share, which marked a deterioration from last year’s profit of $11.4 million or $0.11 per share. Analysts had forecast a bigger loss for the latest quarter.
January-quarter revenues moved up to $504.1 million from $451.8 million in the corresponding period of last year. But the top-line missed the estimates.
Read management/analysts’ comments on Stitch Fix’s Q2 earnings
Stitch Fix’s shares have gained 27% since the beginning of the year. The stock closed Monday’s regular session lower.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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