Skip to main content

Market Overview

Stitch Fix Reports Big Q1 Earnings Beat, Active Clients Up 10% YoY

Share:
Stitch Fix Reports Big Q1 Earnings Beat, Active Clients Up 10% YoY

Stitch Fix (NASDAQ: SFIX) shares are trading higher after the company reported better-than-expected first-quarter EPS and sales results and first-quarter active clients were up 10% year over year.

The company reported first-quarter earnings of 9 cents per share, which beat the analyst consensus estimate by 29 cents. The company reported quarterly sales of $490.40 million, which beat the analyst consensus estimate of $481.17 million by 1.92%. This is a 10.25% increase over sales of $444.81 million in the same period last year.

Stitch Fix also named former Amazon executive Dan Jedda as its new chief financial officer.

Stitch Fix shares were trading up 24.34% at $44.55 in Monday’s after-hours session The stock has a 52-week high of $42.39 and a 52-week low of $10.90.

 

Related Articles (SFIX)

View Comments and Join the Discussion!

Posted-In: Earnings News After-Hours Center Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com