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SFIX - Stitch Fix: Declining Active Clients Leading To Revenue Drop
Stitch Fix Inc.
2024-02-06 12:48:48 ET
Summary
Stitch Fix thrived during the COVID-19 pandemic, but the stock has dramatically fallen over the last several years.
Stitch Fix has continued to lose active clients, leading to declines in revenue.
This previously founder-led company has lost numerous employees amongst several CEO changes.
Stitch Fix ( SFIX ) was a pandemic darling that soared to all-time highs, nearly touching $100 a share under the leadership of founder and CEO Katrina Lake....