UPDATE: Stitch Fix Q4 2024 Adj. EPS $(0.30) Misses $(0.19) Estimate, Sales $319.600M Beat $318.500M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stitch Fix reported a Q4 2024 adjusted EPS of $(0.30), missing the $(0.19) estimate, but sales of $319.6M beat the $318.5M estimate. EPS decreased by 25% from last year, while sales dropped by 12.38%.
September 25, 2024 | 6:51 pm
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NEGATIVE IMPACT
Stitch Fix's Q4 2024 earnings report shows a larger-than-expected loss per share of $(0.30), missing estimates by 57.89%. However, sales slightly exceeded expectations at $319.6M. The EPS decline and sales drop from last year may pressure the stock.
The significant miss on EPS compared to estimates and the year-over-year decline in both EPS and sales suggest negative sentiment. Although sales slightly beat expectations, the overall financial performance indicates potential short-term downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100