Stitch Fix Delivers Big Revenue Gains, but Amazon Is Lurking
Stitch Fix (NASDAQ: SFIX) reported a mixed fiscal first quarter on Dec. 9 that included stellar top-line growth coupled with a much weaker bottom line due to higher expenses. Nonetheless, the stock was up in after-hours trading as the company beat analyst estimates.
The online clothing service has been knocking it out of the park as it grows total sales, but I still worry about how sustainable the business is as well as the company's valuation.
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Source Fool.com
