Categories AlphaGraphs, Consumer, Earnings
Stitch Fix (SFIX) reports narrower Q1 loss; revenue down 18%
Personal styling company Stitch Fix, Inc. (NASDAQ: SFIX) announced financial results for the first quarter of 2024, reporting a narrower net loss and double-digit decline in revenues.
Stitch Fix reported a comprehensive loss of $36.5 million for the October quarter, compared to a loss of $57.7 million in the same period of 2023. Loss per share from continuing operations was $0.22 per share, vs. a loss of $0.43 per share last year. Adjusted EBITDA was $8.63 million in Q1, compared to a loss of $1.72 million in the year-ago fiscal quarter.
First-quarter revenues came in at $364.8 million, compared to $443.7 million in the corresponding period of 2023. The company had around 2.99 million active clients at the end of the quarter.
Prior Performance
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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
