Stitch Fix Inc expected to post a loss of 20 cents a share - Earnings Preview

Stitch Fix

01/03/2024 22:09

* Stitch Fix Inc  SFIX.OQ   SFIX.O  is expected to show a
fall in
quarterly revenue when it reports  results on March 4 for the
period ending January 31 2024
    * The San Francisco California-based  company is expected to
report a 19.7% decrease in revenue to $330.855 million from
$412.12 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data.The company's guidance on
December 5 2023, for the period ended January 31, was for
revenue between $325.00 million and $335.00 million. (SAL is
based Net Revenue)
    * ​LSEG's mean analyst estimate for Stitch Fix Inc is for a
loss
of 20 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 5.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Stitch Fix
Inc is
$4.00​, above​ its last closing price of $3.23. ​​​

The company's guidance on December 5 2023 for the period ended
January 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD325 million and USD7 million.The
company's guidance on December 5 2023 for the period ended
January 31 was for gross profit margin between USD43% and
USD44%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  -0.24       -0.23      -0.22     Beat    5.3
 Jul. 31 2023  -0.22       -0.21      -0.24     Missed  -12
 Apr. 30 2023  -0.32       -0.30      -0.19     Beat    37.6​
 Jan. 31 2023  -0.36       -0.34      -0.58     Missed  -70
 ​​Oct.        -0.48       -0.47      -0.44     Beat    6
 31 2022                                                
 Jul. 31 2022  -0.64       -0.63      -0.64     Missed  -2.3​
 Apr. 30 2022  -0.53       -0.55      -0.72     Missed  -29.9
 Jan. 31 2022  -0.26       -0.28      -0.28     Met     0.9
 This summary was machine generated March 1 at 22:09 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)