Recap: Stitch Fix Q1 Earnings

Stitch Fix (NASDAQ:SFIX) reported its Q1 earnings results on Tuesday, December 5, 2023 at 04:05 PM. Here’s what…

Stitch Fix (NASDAQ:SFIX) reported its Q1 earnings results on Tuesday, December 5, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Stitch Fix missed estimated earnings by 30.43%, reporting an EPS of $-0.3 versus an estimate of $-0.23.

Revenue was down $90.81 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 12.13% increase in the share price the next day.

Here’s a look at Stitch Fix’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate -0.21 -0.30 -0.34 -0.47
EPS Actual -0.24 -0.19 -0.28 -0.50
Revenue Estimate 371.36M 388.94M 413.62M 459.44M
Revenue Actual 375.80M 394.91M 412.12M 455.59M

To track all earnings releases for Stitch Fix visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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