Stitch Fix Inc expected to post a loss of 14 cents a share - Earnings Preview

Stitch Fix

06/12/2024 21:03

* Stitch Fix Inc  SFIX.OQ   SFIX.O  is expected to show a
fall in
quarterly revenue when it reports  results on December 10 for
the period ending October 31 2024
    * The San Francisco California-based  company is expected to
report a 15.9% decrease in revenue to $306.931 million from
$364.79 million a year ago, according to the mean estimate from
6 analysts, based on LSEG data.The company's guidance on
September 24 2024, for the period ended October 31, was for
revenue between $303.00 million and $310.00 million.
    * ​LSEG's mean analyst estimate for Stitch Fix Inc is for a
loss
of 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 12.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Stitch Fix
Inc is
$4.00​, below​ its last closing price of $4.53. ​​​

The company's guidance on September 24 2024 for the period ended
October 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD303 million and USD9 million.The
company's guidance on September 24 2024 for the period ended
October 31 was for gross profit margin between USD44% and
USD45%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2024  -0.21       -0.19      -0.28     Missed  -44.5
 Apr. 30 2024  -0.25       -0.25      -0.18     Beat    27.3
 Jan. 31 2024  -0.21       -0.20      -0.29     Missed  -42.6​
 Oct. 31 2023  -0.24       -0.23      -0.22     Beat    5.3
 ​​Jul.        -0.22       -0.21      -0.24     Missed  -12
 31 2023                                                
 Apr. 30 2023  -0.32       -0.30      -0.19     Beat    37.6​
 Jan. 31 2023  -0.36       -0.34      -0.58     Missed  -70
 Oct. 31 2022  -0.48       -0.47      -0.44     Beat    6
 This summary was machine generated December 6 at 21:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)