Stitch Fix Delivers a Weak Earnings Report: 6 Key Metrics Investors Should See
Shares of Stitch Fix (NASDAQ: SFIX) were down 2.7% as of 9:40 a.m. ET on Wednesday, following the online personalized-apparel retailer's Tuesday afternoon release of its results for the fourth quarter of fiscal 2022.
The main catalysts driving this drop were quarterly revenue and earnings that missed Wall Street's expectations, a decline in the company's number of active clients, and disappointing revenue guidance for its first quarter and full-year fiscal 2023.
Here's an overview of Stitch Fix's quarter and outlook that focuses on six key metrics.
Source Fool.com