Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Stitch Fix Stock Soars on Earnings and Sales Beats: 6 Metrics You Should See


Stitch Fix (NASDAQ: SFIX) reported better-than-expected results for the fourth quarter of fiscal 2021 (which ended July 31) after the market close on Tuesday, Sept. 21.

Shares of the personalized-apparel retailer are up 15.7% on Wednesday, as of 10:14 a.m. EDT. We can attribute the market's reaction to both revenue and, particularly, earnings easily beating Wall Street's consensus estimates. Sales outlooks for the first quarter and full year of fiscal 2022, however, came in somewhat lighter than the Street's consensus estimates.

Here's an overview of Stitch Fix's fiscal fourth quarter and guidance using six key metrics.

Continue reading


Source Fool.com

Like: 0
Share

Comments