Here's How Stitch Fix Will Recover From Its Disappointing Quarter
Stitch Fix (NASDAQ: SFIX) saw its share price dive sharply following its fiscal fourth-quarter earnings report. While demand started to pick up again, leading to an acceleration in revenue growth, earnings came in lower than analysts were expecting.
Looking closer at the earnings report, the quarter wasn't that disappointing. Investors missed some crucial details during the conference call that show how Stitch Fix's ability to use data science to recommend items to clients should result in market share gains over the next few years.
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Source Fool.com
