Stitch Fix Announces First Quarter Fiscal Year 2021 Financial Results

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Stitch Fix, Inc. (SFIX) PT Raised to $38 at Piper Sandler

December 8, 2020 7:26 AM EST

Piper Sandler analyst Erinn Murphy raised the price target on Stitch Fix, Inc. (NASDAQ: SFIX) to $38.00 (from $22.00) while maintaining a Neutral rating.

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Stitch Fix (SFIX) Tops Q1 EPS by 29c, Revenues Beat; 'We Expect Between 20%-25% Growth for Full Year'

December 7, 2020 4:07 PM EST

Stitch Fix (NASDAQ: SFIX) reported Q1 EPS of $0.09, $0.29 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $490.4 million versus the consensus estimate of $481.17 million.

First quarter highlights

Net revenue of $490.4 million, an increase of 10% year over yearActive clients of nearly... More