Categories Earnings, Other Industries

Stitch Fix Inc (SFIX): Q1 2020 Earnings Snapshot

—  Stitch Fix (NASDAQ: SFIX) reported a breakeven in the first-quarter 2020, vs. $0.06 per share loss expected.

— Net revenue rose 21% $444.8 million,  vs. $441 million expected. Active clients improved by 17% to 3.4 million.

— Global Head of Bain’s & Company ’s Digital practice, Elizabeth Spaulding, will become new President, effective January 27, 2020. CFO Paul Yee will step down to pursue other career opportunities.

— SFIX shares were rose 3% during aftermarket hours.  

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Also Read:  Goldman Sachs (GS) Q3 2020 Earnings: Key financials and quarterly highlights

Most Popular

Earnings calendar for the week of Oct. 26

Bringing fresh optimism to the virus-hit market, U.S jobless claims for the week ended October 17 slipped to the lowest level since the onset of the pandemic, in a sign

Southwest Airlines (LUV) expects business travel to remain down well into next year

Shares of Southwest Airlines Co. (NYSE: LUV) were up over 2% in afternoon hours on Friday. The stock has gained 35% over the past three months. The company reported better-than-expected

Big banks have their eyes on second half of 2021

The biggest stimulus package of all time, which was meant to boost consumption has actually led to more deposits, inflating the size of banks’ balance sheets. A working paper shows

One thought on “Stitch Fix Inc (SFIX): Q1 2020 Earnings Snapshot

Comments are closed.

Top