Will Stitch Fix Ever Grow Sales at Over 20% Again?
There's a disconnect between Stitch Fix's (NASDAQ: SFIX) market potential and its current growth pace. The online apparel giant pioneered a new selling model that resonated with shoppers over the last several years and helped it grow to over 4 million active users, each spending more than $500 a year on regular deliveries.
However, in its latest earnings report, management offered a weak growth forecast that sees revenue gains slowing to less than half the pace that shareholders saw in the previous year.
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Source Fool.com
