Stitch Fix gains on upbeat forecast; tops quarterly expectations
ReutersMar 12, 2025 10:24 AM
Shares of online styling service Stitch Fix SFIX.O rise 21.3% to $5.13 premarket
On Tuesday, SFIX raised its FY25 net rev. forecast to the range of $1.23 bln to $1.24 bln, up from prior range of $1.14 bln to $1.18 bln
Co also forecast Q3 net revenue to be between $311 mln and $316 mln, above analysts' est. of $278.6 mln - data compiled by LSEG
Co posts Q2 net revenue of $312.1 mln vs est. of $298 mln
SFIX gained 20.4% in 2024
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