SFIX - Why Stitch Fix Shares Are Trading Higher Wednesday (CORRECTED) | Benzinga
Editor’s note: The year-over-year sales comparison has been updated to correct an error.
Stitch Fix, Inc. (NASDAQ:SFIX) stock is moving higher Wednesday after the company released better-than-expected quarterly financial earnings and issued fiscal-year guidance above estimates.
What To Know: Stitch Fix issued financial earnings for the 2024 fiscal-year third quarter after the market closed on Tuesday.
The company reported an EPS loss of 18 cents per share, beating analyst estimates for a loss of 24 cents per share. The company reported sales at $322.70 million, which came in ahead of analyst estimates of $306.12 million. The company’s sales figure represents a 16% year-over-year ...