Stitch Fix Sees FY24 Revenue $1.33B-$1.34B Vs $1.307B Est.
Portfolio Pulse from Benzinga Newsdesk
Stitch Fix has announced its revenue forecast for FY24, projecting between $1.33 billion and $1.34 billion, which is above the estimated $1.307 billion.
June 04, 2024 | 8:08 pm
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POSITIVE IMPACT
Stitch Fix has provided a revenue forecast for FY24 that exceeds market expectations, projecting between $1.33 billion and $1.34 billion compared to the estimated $1.307 billion.
The revenue forecast exceeding market expectations is a positive indicator for Stitch Fix's financial health and growth prospects, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100