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Stitch Fix Announces First Quarter Fiscal Year 2020 Financial Results

December 9, 2019 4:05 PM EST

SAN FRANCISCO, Dec. 09, 2019 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, has released its financial results for the first quarter of fiscal year 2020 ended November 2, 2019, and posted a letter to its shareholders on its investor relations website.

First quarter highlights

Active clients of 3.4 million, an increase of 17% year over yearNet revenue of $444.8 million, an increase of 21% year over yearNet loss of $(0.2) millionAdjusted EBITDA of $5.1 million and adjusted EBITDA excluding stock-based compensation expense of $17.3... More