Stitch Fix (NASDAQ:SFIX) Issues Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Stitch Fix (NASDAQ:SFIX) released its earnings results on Tuesday. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.06, Briefing.com reports. Stitch Fix had a negative return on equity of 32.71% and a negative net margin of 7.71%. The firm had revenue of $312.11 million for the quarter, compared to the consensus estimate of $298.04 million. During the same period in the prior year, the business posted ($0.29) earnings per share. The firm’s revenue for the quarter was down 5.5% compared to the same quarter last year. Stitch Fix updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Stitch Fix Stock Down 5.4 %

Shares of NASDAQ SFIX opened at $4.00 on Thursday. Stitch Fix has a 52-week low of $2.06 and a 52-week high of $6.99. The stock has a market capitalization of $507.35 million, a P/E ratio of -4.82 and a beta of 2.13. The stock’s 50 day moving average price is $4.85 and its two-hundred day moving average price is $4.08.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Canaccord Genuity Group boosted their price objective on shares of Stitch Fix from $5.00 to $6.00 and gave the company a “hold” rating in a research note on Wednesday, December 11th. Telsey Advisory Group reissued a “market perform” rating and set a $6.00 target price on shares of Stitch Fix in a research report on Wednesday. Finally, UBS Group increased their price target on Stitch Fix from $2.80 to $5.00 and gave the company a “neutral” rating in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $4.50.

Insider Activity at Stitch Fix

In related news, insider Anthony Bacos sold 16,720 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $4.61, for a total transaction of $77,079.20. Following the completion of the sale, the insider now owns 913,962 shares of the company’s stock, valued at $4,213,364.82. This represents a 1.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 16.95% of the company’s stock.

Stitch Fix Company Profile

Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.