Stitch Fix(US:SFIX) Globenewswireยท2025-09-24 20:05Financial Performance - Q4 2025 net revenue decreased by 2.6% year-over-year to $311.2 million, but increased by 4.4% year-over-year on a 13-week adjusted basis [6][1] - Net revenue per active client grew by 3.0% year-over-year to $549 [6][1] - FY 2025 gross margin expanded year-over-year to 44.4% [6][1] - The company reported a net loss of $8.6 million for Q4 2025, with a diluted loss per share of $0.07 [6][1] Key Metrics - Active clients totaled 2.309 million, a decrease of 1.9% quarter-over-quarter and 7.9% year-over-year [6][1] - Adjusted EBITDA for Q4 2025 was $8.7 million, with an adjusted EBITDA margin of 2.8% [6][1] - For FY 2025, net revenue was $1.27 billion, a decrease of 5.3% year-over-year [6][1] Future Outlook - The financial outlook for Q1 2026 anticipates net revenue between $333 million and $338 million, representing a year-over-year growth of 4.4% to 6.0% [5][7] - For FY 2026, net revenue is expected to be between $1.28 billion and $1.33 billion, indicating a growth of 1.0% to 5.0% year-over-year [7][5] - The company expects to be free cash flow positive for the full year of 2026 [7][5] Strategic Initiatives - The CEO highlighted that FY 2025 was a milestone year, with successful execution of the transformation strategy and improvements in client experience [2][1] - The company plans to leverage AI and enhance the human connection through stylists to deliver a personalized shopping experience [2][1]