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Stitch Fix Earnings: What to Watch

TheMotleyFool

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Stitch Fix (NASDAQ: SFIX) is slated to report its third-quarter results for fiscal 2020 after the market close on Monday, June 8.

Investors are probably feeling somewhat anxious about the online personalized apparel retailer's quarterly results. The COVID-19 pandemic has driven a decline in consumer spending on discretionary items, which doesn't bode well for a retailer of clothing and accessories.

Moreover, the company announced in mid-March that it temporarily closed two of its six distribution centers within the U.S. -- in San Francisco and Bethlehem, Pennsylvania -- to comply with state and local public health orders. So, we know Stitch Fix's supply chain has been disrupted.

Source Fool.com

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