3 Catalysts for Stitch Fix in 2020

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.

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Source Fool.com