Stitch Fix Inc reports results for the quarter ended in April - Earnings Summary

Stitch Fix

06/06/2023 22:02

* Stitch Fix Inc  SFIX.OQ  reported a quarterly adjusted
loss
of 19 cents​​ per share for the quarter ended in April. The mean
expectation of sixteen analysts for the quarter was for a loss
of 30 cents per share.
    * Revenue fell 19.9% to $394.91 million from a year ago;
analysts
expected $388.94 million. 
    * The mean earnings estimate of analysts had risen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Stitch Fix Inc shares had fallen by 32.8% this quarter and
gained 10.5% so far this year.
    * Wall Street's median 12-month price target for Stitch Fix
Inc is
$4.30 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 15
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
6 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      -0.30          -0.19          Beat
 Jan. 31 2023      -0.34          -0.58          Missed
 Oct. 31 2022      -0.47          -0.44          Beat
 Jul. 31 2022      -0.63          -0.64          Missed