Stitch Fix Q4 EPS $(0.24) Misses $(0.21) Estimate, Sales $375.80M Beat $371.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stitch Fix reported Q4 losses of $(0.24) per share, missing the analyst consensus estimate of $(0.21) by 14.29%. However, the company's quarterly sales of $375.80 million beat the analyst consensus estimate of $371.36 million by 1.20%. This represents a 63.08% increase in losses and a 22.02% decrease in sales compared to the same period last year.
September 18, 2023 | 8:06 pm
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Stitch Fix's Q4 earnings missed estimates but sales beat expectations. The company's losses increased by 63.08% and sales decreased by 22.02% compared to the same period last year.
Stitch Fix's Q4 earnings report shows a significant increase in losses and a decrease in sales compared to the same period last year. This could negatively impact the company's stock price in the short term.
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