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
NFLX Earnings: Netflix Q1 2025 revenue and profit beat estimates
Netflix, Inc. (NASDAQ: NFLX) on Thursday reported stronger-than-expected revenue and earnings for the first quarter of 2025, as its subscriber base continued to expand. Both revenue and the bottom line
Another tough quarter in the cards as Intel prepares for Q1 2025 earnings
Intel Corporation (NASDAQ: INTC) has been facing intense competition from rivals Nvidia in AI chips and AMD in CPUs, lately. The Semiconductor giant issued weak guidance after reporting lower revenues
What to expect when American Airlines (AAL) reports Q1 2025 earnings results
Shares of American Airlines Group (NASDAQ: AAL) stayed red on Thursday. The stock has dropped 48% over the past three months. The airline is slated to report its earnings results