MARKET COMPOSITE
SFIX - Stitch Fix Inc8:00:00 PM 5/17/2024
Price
$2.35
-0.04 (-1.67%)
Stitch Fix is an online personal styling service in the United States. It uses recommendation algorithms and data science to personalize clothing items based on size, budget and style. The company was founded in 2011 and had an initial public offering in 2017 with a valuation of $1.6 billion. Stitch Fix generated more than $1 billion in sales during 2018 and reported 3.4 million customers in June 2020. It is headquartered in San Francisco, California and employs 8,000 people worldwide. Stitch Fix was founded in 2011 by Katrina Lake and former J.Crew buyer Erin Morrison Flynn. The business was originally called Rack Habit, and was initially run out of Lake's apartment in Cambridge, Massachusetts. The company began by catering only to women, but it has subsequently expanded to men's clothing, plus sizes, maternity wear, and kids.
Financials
Quarterly financials
(USD)Jan 2024Q/Q
Revenue330.4MM-9%
Gross Profit143.5MM-10%
Cost Of Revenue186.9MM-9%
Operating Income-38MM+33%
Operating Expenses181.5MM-
Net Income-35.5MM+0%
G&A181.5MM-3%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    SAN FRANCISCO, May 17, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that effective May 15, 2024, the compensation committee of the company’s board of directors granted restricted stock units (RSUs) to one new employee to acquire 118,722 shares of the company’s Class A common stock. One fourth of these restricted stock units will vest on June 12, 2024, and the remainder will vest in 3 equal quarterly installments of 1/4th ov

    Stitch Fix chief merchant is out05-14-2024 10:19:00 AM

    Loretta Choy, who also led client services, left Friday. The e-tailer has said it’s working on major changes to its merchandising and customer experience.

    Key Insights The projected fair value for Stitch Fix is US$4.54 based on 2 Stage Free Cash Flow to Equity Stitch Fix is...

    Stitch Fix’s chief merchandising and customer service officer is leaving with no plans for a replacement, WWD has learned.

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    Stitch Fix's (SFIX) dedication to operational efficiency, customer satisfaction, and advanced technology position it for success despite challenges in retaining active clients.

    Stitch Fix (NASDAQ:SFIX) has faced significant challenges over the past year, struggling to sustain revenue and user growth. As a response, the company is relying on AI and reducing its dependency on human labor. In January, Stitch Fix informed its full-time stylists of a shift to part-time roles, allowing them to work flexibly from home. Those unwilling to transition were offered the option to leave. Don't Miss: Invest alongside execs from Uber, Facebook and Apple in this wellness app Transform

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