Stitch Fix Announces Fourth Quarter and Full Fiscal Year 2020 Financial Results
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Stitch Fix, Inc. (SFIX) PT Lowered to $34 at Needham & Company
September 23, 2020 7:24 AM EDTNeedham & Company analyst Rick Patel lowered the price target on Stitch Fix, Inc. (NASDAQ: SFIX) to $34.00 (from $36.00) while maintaining a Buy rating following 4Q earnings report and guidance. SFIX reported F4Q revenues +2.6%, better than the Street estimate of (3.9%). Adjusted EBITDA was $12.1m,... More
Stitch Fix (SFIX) Misses Q4 EPS by 28c, Revenues Beat
September 22, 2020 4:07 PM EDTStitch Fix (NASDAQ: SFIX) reported Q4 EPS of ($0.44), $0.28 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $443.4 million versus the consensus estimate of $414.31 million.
Fourth quarter highlights*
Net revenue of $443.4 million, an increase of 11% year over year on an adjusted basisActive clients of 3.5 million, an increase of 9% year over yearNet revenue per active client of $486, an increase of 2% year... More