Stitch Fix, Inc. (NASDAQ:SFIX) Q4 2024 Earnings Conference Call September 24, 2024 5:00 PM ET Company Participants Hayden Blair - Investor Relations Matt Baer - Chief Executive Officer David Aufderhaar - Chief Financial Officer Conference Call Participants Youssef Squali - Truist Securities Dana Telsey - Telsey Advisory Group Aneesha Sherman - Bernstein Maria Ripps - Canaccord Genuity Alexander Vasti - William Blair Mauricio Serna Vega - UBS Operator Good afternoon, and thank you for standing by. Welcome to ...

As Stitch Fix, the online personal styling service, navigates a challenging retail landscape with a transformation strategy designed to revive its financial performance and client engagement, CEO Matt Baer is confident the company will return to revenue growth by the end of fiscal 2026. During Stitch Fix's fourth-quarter and full-year fiscal year 2024 results announced Tuesday (Sept. 24), Baer said he was pleased with the company's execution of its transformation, embedding retail best practices, increasing ...

For the quarter ended July 2024, Stitch Fix (SFIX) reported revenue of $319.55 million, down 15% over the same period last year. EPS came in at -$0.12, compared to -$0.19 in the year-ago quarter. The reported revenue represents a surprise of +0.65% over the Zacks Consensus Estimate of $317.48 million. With the consensus EPS estimate being -$0.19, the EPS surprise was +36.84%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Stitch Fix (SFIX) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 36.84%. A quarter ago, it was expected that this online clothing styling service would post a loss of $0.25 per share when it actually produced a loss of $0.15, delivering a surprise of 40%. Over the last four quarters, the co ...

Exhibit 99.1 STĪTCH FĪX Stitch Fix Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results SAN FRANCISCO, September 24, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced its financial results for the fourth quarter and full fiscal year 2024, ended August 3, 2024. Fiscal 2024 included 53 weeks, with the additional week occurring in the fourth quarter. "We are executing our transformation strategy with discipline and, during the ...

SAN FRANCISCO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced its financial results for the fourth quarter and full fiscal year 2024, ended August 3, 2024. Fiscal 2024 included 53 weeks, with the additional week occurring in the fourth quarter. "We are executing our transformation strategy with discipline and, during the fourth quarter, we delivered results at the high end of our guidance on both the top and bottom line," said ...

SAN FRANCISCO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that it will release financial results for its fourth quarter and full fiscal year 2024 ended August 3, 2024 after market close on Tuesday, September 24, 2024. Following this, Stitch Fix will hold a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results and outlook. The call will be hosted by Matt Baer, CEO, and David Aufderhaar, CFO. A live ...

Stitch Fix, Inc. (SFIX) has seen a substantial 45.4% surge in its stock price in the past six months, significantly outpacing the Zacks Retail-Apparel and Shoes industry's 6.5% decline. This impressive growth is driven by the company's strategic initiatives, such as AI-powered inventory management, pricing optimization, margin expansion, enhanced client engagement and improved cost efficiency. These efforts have enabled Stitch Fix to outperform both the broader Retail-Wholesale sector and the S&P 500 index, ...

Stitch Fix, Inc.'s (SFIX) strategic initiatives, encompassing AI-driven innovation, margin expansion, client experience enhancement and strategic marketing, position the company for continued growth and profitability. By leveraging advanced data analytics, optimizing operations and refining its client interactions, Stitch Fix is not only adapting to current market demands but also laying the groundwork for success. These efforts demonstrate the company's commitment to maintaining a competitive edge while en ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by th ...