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eCommerce stocks have been a painful place for investors to be positioned throughout the first half of 2022. Headline names like Shopify ( NYSE: SHOP ), Etsy ( NASDAQ: ETSY ), Revolve Group ( NYSE: RVLV ), and Wayfair ( NYSE: W ) that were adored as p...
Stitch Fix (NASDAQ: SFIX) recently announced that it is laying off employees in some areas of the business after net losses roughly doubled from fiscal Q2 to Q3. The e-commerce apparel seller is looking to save as much as $60 million each year from the move, which is part of a broad...
Much ink has been spilled in recent weeks about the state of the economy and whether we're headed for a slowdown, a recession or something else. And while the broader job market seems to show -- at least for now -- that the economy is still performing strongly and the country's population has...
Stitch Fix (NASDAQ: SFIX) stock has been in a downward spiral over the last year, and the latest earnings report shows even worsening trends for the personal styling service. I've been a big fan of the business over the last few years. I even tried Stitch Fix's new Freestyle off...
Stitch Fix (NASDAQ: SFIX) recently made the headlines for all the wrong reasons. The online apparel retailer posted a disastrous fiscal third-quarter earnings report after the market close on June 9, and its stock sank 19% to an all-time low the following day. A barrage of analy...
Switch Fix Inc ( NASDAQ: SFIX ) dropped 20% after announcing 330 job cuts as styling and personal shopping services grapple with widening losses and sales slowdown. The jobs the company is cutting account for 15% of the company’s workforce in a move to cut expenses in the...
A key question for investors eyeing the eCommerce space is one of whether the pain in the sector is finally coming to a close. After significant declines through the first half of 2022, many of those already invested in the space will certainly hope so. For example, high-multiple internet ret...
Stitch Fix 's (NASDAQ: SFIX) business doesn't seem to be firing on all cylinders. In this video clip from "The Virtual Opportunities Show" on Motley Fool Live , recorded on May 31 , Fool.com contributors Rachel Warren, Travis Hoium, and Demitri Kalogeropoulos discuss how a n...
Stocks plunged on Friday, as new consumer price data stoked fears that mounting inflation will force the Federal Reserve into even more aggressive interest rate hikes. With investors worried that a Fed-triggered recession is on the horizon, the Nasdaq dropped 3.5%, while the S&P 500 retre...
Shares of Stitch Fix (NASDAQ:SFIX) fell over 18% on Friday, touching an all-time low. For analysts assessing the carnage that accounted for slowing sales, a soft forecast, and significant staff cuts, recovery from these doldrums is not anticipated in the immediate future. Wedbush analyst Tom ...
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2024-06-27 08:00:13 ET Maria Ripps from Canaccord Genuity issued a price target of $4.50 for SFIX on 2024-06-27 07:15:00. The adjusted price target was set to $4.50. At the time of the announcement, SFIX was trading at $3.84. The overall price target consensus is at $7.7...
2024-06-10 08:00:09 ET David Bellinger from Mizuho Securities issued a price target of $3.00 for SFIX on 2024-06-10 06:49:00. The adjusted price target was set to $3.00. At the time of the announcement, SFIX was trading at $3.725. The overall price target consensus is at...
2024-06-05 16:30:03 ET Wedbush analyst issues NEUTRAL recommendation for SFIX on June 5, 2024 02:29PM ET. The previous analyst recommendation was Neutral. SFIX was trading at $3.365 at issue of the analyst recommendation. The overall analyst consensus : HOLD. Current...