Categories AlphaGraphs, Consumer, Earnings

SFIX Earnings: Stitch Fix Q2 2024 revenue declines; net loss narrows

Personal styling company Stitch Fix, Inc. (NASDAQ: SFIX) has reported a narrower net loss for the second quarter of 2024. Revenues declined 18% during the three months.

Stitch Fix Q2 2024 earnings infographic

Stitch Fix reported a net loss of $35.5 million for the January quarter, compared to a loss of $65.6 million in the same period of 2023. Loss per share from continuing operations was $0.29 per share in Q2, vs. a loss of $0.56 per share last year. Adjusted EBITDA decreased 29% year-over-year to $4.45 million in the second quarter.

Second-quarter revenues came in at $330.4 million, compared to $400.6 million in the corresponding period of 2023. The company had around 2.81 million active clients at the end of the quarter.

Prior Performance

  • Stitch Fix Q1 2024 earnings infographic
  • Stitch Fix Q1 2024 earnings infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Citigroup (C) reports lower revenue and profit for Q1 2024; results beat

Banking behemoth Citigroup Inc. (NYSE: C) Friday reported a decrease in revenue and net income for the first quarter of 2024. However, the numbers came in above analysts' estimates. Net

WFC Earnings: Key quarterly highlights from Wells Fargo’s Q1 2024 financial results

Wells Fargo & Company (NYSE: WFC) reported first quarter 2024 earnings results today. Total revenue rose 1% year-over-year to $20.8 billion. Net income decreased 7% to $4.6 billion while EPS

JPM Earnings: All you need to know about JPMorgan’s Q1 2024 earnings results

JPMorgan Chase & Co. (NYSE: JPM) reported first quarter 2024 earnings results today. Reported net revenue was $41.9 billion, up 9% year-over-year. Managed net revenue was $42.5 billion, up 8%

Add Comment
Viewing Highlight