Stitch Fix Inc reports results for the quarter ended October 31 - Earnings Summary

Stitch Fix

10/12/2024 22:50

* Stitch Fix Inc  SFIX.OQ  reported a quarterly adjusted
loss of 5
cents​​ per share for the quarter ended October 31, higher than
the same quarter last year, when the company reported EPS of -22
cents.  The mean expectation of six analysts for the quarter was
for a loss of 14 cents per share. Wall Street expected
results to range from -16 cents to -12 cents per share.
    * Revenue fell 12.6% to $318.82 million from a year ago;
analysts
expected $306.93 million. 
    * Stitch Fix Inc's reported EPS for the quarter was a loss
of 5
cents​.
    * The company reported a quarterly loss of $6.26 million.
    * Stitch Fix Inc shares had risen by 62.4% this quarter and
gained 28.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the online
services
peer group is also "hold"

Wall Street's median 12-month price target for Stitch Fix Inc is
$4.00 
This summary was machine generated from LSEG data December 10 at
10:49 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      -0.14          -0.05          Beat
 Jul. 31 2024      -0.19          -0.28          Missed
 Apr. 30 2024      -0.25          -0.18          Beat
 Jan. 31 2024      -0.20          -0.29          Missed