NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Stitch Fix, Inc. ("Stitch Fix" or "the Company") (NASDAQ: SFIX). Investors who purchased Stitch Fix securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SFIX. Investigation Details On September 24, 2024, Stitch Fix issued a press release "announc[ing] its financial result ...

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining over 50 points on Wednesday. The Dow traded down 0.35% to 42,060.13 while the NASDAQ rose 0.39% to 18,145.24. The S&P 500 also rose, gaining, 0.06% to 5,736.28. Check This Out: Wall Street's Most Accurate Analysts Give Their Take On 3 Materials Stocks With Over 4% Dividend Yields Leading and Lagging Sectors Information technology shares jumped by 0.9% on Wednesday. In trading on Wednesday, energy shares fell by 1.1%. Top Head ...

Key Takeaways Stitch Fix shares plummeted Wednesday, a day after the online personal styling company reported widening losses. Stitch Fix's outlook was also weaker than analysts had anticipated. CEO Matt Baer said the company has "a lot of work still to do," and that the company could return to revenue growth by fiscal 2026. Stitch Fix (SFIX) shares plunged Wednesday, a day after the online personal styling company reported a widerthan-expected loss, and issued revenue projections below analyst estimates. S ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...

Stitch Fix, Inc. (SFIX) reported fourth-quarter fiscal 2024 results, wherein the bottom and top lines beat the Zacks Consensus Estimate. The top line deteriorated from the year-earlier quarter's level. Meanwhile, the bottom line improved year over year. The company's fiscal fourth-quarter performance reflects its ongoing efforts to transform the business, with results meeting expectations despite challenges. The quarter was marked by continued focus on operational efficiency, cost savings and client engagem ...

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Stitch Fix delivered mixed earnings, meeting expectations in cost management while facing challenges in revenue growth and client retention. Stitch Fix (SFIX -1.05%), known for its personalized online styling service, reported its Q4 2024 earnings on Sept. 24, 2024. This quarter's results showed $319.6 million in net revenue, slightly above the midpoint of management's guidance range of $312 million to $322 million. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the qu ...

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 ...