Streetbeat News

SFIX

Stitch Fix, Inc.

https://www.stitchfix.com

Industry

Apparel - Retail

Stitch Fix, Inc. sells a range of apparel, shoes, and accessories through its Website and mobile application in the United States. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags for men, women, and kids under the Stitch Fix brand. The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc. in October 2011. Stitch Fix, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

Open

3.65

Mkt cap

476M

Volume

328K

High

3.78

P/E Ratio

-3.79

52-wk high

5.04

Low

3.60

Div yield

N/A

52-wk low

2.06

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%.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 6:51 pm

U.S. stocks mostly declined with the Dow Jones falling over 200 points. CERo Therapeutics shares rose 13% after securing financing and requesting an FDA meeting. Capricor Therapeutics and Eightco Holdings also saw significant gains. Vertex Energy filed for bankruptcy, causing a 56% drop in its stock.

Portfolio Pulse from Avi Kapoor

September 25, 2024 | 6:49 pm

U.S. stocks showed mixed performance with the Nasdaq Composite gaining, while the Dow declined. Stitch Fix shares plummeted 35% due to poor earnings, and Vertex Energy filed for Chapter 11 bankruptcy, causing a 65% drop in its stock. Capricor Therapeutics, Eightco Holdings, and CERo Therapeutics saw significant stock gains.

Portfolio Pulse from Avi Kapoor

September 25, 2024 | 3:54 pm

Stitch Fix shares fell 36% after reporting a larger-than-expected Q4 loss of 29 cents per share, missing the estimated loss of 19 cents. Revenue slightly beat expectations at $319.6 million but decreased 12.4% year-over-year. The company also reported a 19.6% drop in active clients. Analysts adjusted price targets following the earnings report.

Portfolio Pulse from Dylan Berman

September 25, 2024 | 3:29 pm

Stitch Fix (NASDAQ:SFIX) has received mixed analyst ratings, with a predominant 'Indifferent' stance. Analysts have set a 12-month price target averaging $3.83. The company faces financial challenges, including a decline in revenue and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:01 pm

Several consumer discretionary stocks experienced significant price movements during Wednesday's intraday session. Notable gainers included Genius Gr, Pinstripes Holdings, and Twin Vee PowerCats, while Stitch Fix and Target Hospitality were among the major losers.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 2:42 pm

Canaccord Genuity analyst Maria Ripps maintains a Hold rating on Stitch Fix (NASDAQ:SFIX) and lowers the price target from $4.5 to $3.5.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:39 pm

Telsey Advisory Group has maintained its Market Perform rating and $4 price target for Stitch Fix (NASDAQ:SFIX).

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:09 pm

U.S. stocks mostly declined with the Dow Jones falling over 50 points. Cintas Corporation reported strong earnings, beating expectations and raising guidance. Several stocks experienced significant price movements, including AtlasClear Holdings, Eightco Holdings, and Vertex Energy, which filed for bankruptcy.

Portfolio Pulse from Avi Kapoor

September 25, 2024 | 1:53 pm

Stitch Fix reported weak earnings, missing EPS estimates, leading to a 25.6% drop in pre-market trading. Other stocks like Target Hospitality, GDS Holdings, and KB Home also saw declines in pre-market trading.

Portfolio Pulse from Avi Kapoor

September 25, 2024 | 12:32 pm

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