Stitch Fix Q3 2024 GAAP EPS $(0.18) Beats $(0.24) Estimate, Sales $322.700M Beat $306.121M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stitch Fix (NASDAQ:SFIX) reported Q3 2024 GAAP EPS of $(0.18), beating the $(0.24) estimate. Sales were $322.7M, surpassing the $306.121M estimate but down 18.29% from last year.
June 04, 2024 | 8:07 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Stitch Fix reported better-than-expected Q3 2024 earnings and sales, but sales were down 18.29% year-over-year.
Stitch Fix's better-than-expected earnings and sales figures are positive short-term indicators, despite the year-over-year sales decline. The market is likely to react favorably to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100