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Stitch Fix Stock Plunges on Earnings Release: 6 Metrics You Should See

TheMotleyFool

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Stitch Fix Stock Plunges on Earnings Release: 6 Metrics You Should See

Stitch Fix (NASDAQ: SFIX) reported results for the second quarter of fiscal 2021 (which ended Jan. 30) after the market close on Monday, March 8.

Shares plunged 22.9% in Monday's after-hours trading session, which we can attribute to the personalized-apparel retailer missing Wall Street's revenue consensus estimate and lowering its full-year revenue guidance. The latter was probably the bigger factor since the market looks ahead.

Unfortunately, investors can likely expect Stitch Fix stock to unravel on Tuesday.

Source Fool.com

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