Stitch Fix (SFIX) Crashes 20% on a Revenue and Guide Miss, Prompting a Downgrade
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Stitch Fix Announces Second Quarter Fiscal Year 2021 Financial Results
March 8, 2021 4:05 PM ESTSAN FRANCISCO, March 08, 2021 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, has released its financial results for the second quarter of fiscal year 2021 ended January 30, 2021, and posted a letter to its shareholders on its investor relations website.
Second quarter highlights
Net revenue of $504.1 million, an increase of 12% year over yearActive clients of nearly 3.9 million, an increase of 408,000 or 12% year over year, and 110,000 clients quarter over... More