Stitch Fix Stock Jumps 10% on Better-Than-Expected Quarterly Results
Stitch Fix (SFIX) shares surged 10% after the online styling service reported quarterly results that exceeded analyst expectations. The company posted a narrower loss per share of -$0.07 compared to the anticipated -$0.10, while revenue of $311.2 million topped estimates of $304 million. Despite a 2.6% year-over-year sales decline, the market responded positively to the outperformance.
Active clients dropped to 2.31 million, down 199,000 from the previous year, but free cash FLOW margin held steady at 0.9%. For the current quarter, Stitch Fix projects revenue of $335.5 million at the midpoint, well above consensus estimates of $296.7 million. However, its 2026 earnings guidance of $37.5 million falls short of the $43.1 million analysts had predicted.
