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3 Catalysts for Stitch Fix in 2020

TheMotleyFool

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Shares of personalized online apparel company Stitch Fix (NASDAQ: SFIX) have had a great year. The stock is up an impressive 55% year to date as the company impressed investors with strong growth in revenue and clients.

Stich Fix's recently reported fiscal first-quarter results capture the company's strong momentum. Active clients increased 16.6% year over year to 3.4 million, and net revenue per active client jumped 9.5% year over year to $485, resulting in 21% revenue growth. Notably, this marked the company's sixth quarter in a row of revenue per active client growth.

But can Stitch Fix keep up this strong growth in fiscal 2020? With the help of these three catalysts, it's quite possible.

Source Fool.com

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