Stitch Fix Inc - Ordinary Shares - Class A

NASDAQ:SFIX  
6.17
+0.15 (+2.49%)
4:10:12 PM EDT: $6.03 -0.14 (-2.27%)
Other Pre-Announcement

Stitch Fix Announces Third Quarter Fiscal Year 2022 Financial Results

Published: 06/09/2022 20:43 GMT
Stitch Fix Inc - Ordinary Shares - Class A (SFIX) - Stitch Fix Announces Third Quarter Fiscal Year 2022 Financial Results.
Q3 Loss per Share $0.72.
Q3 Revenue Fell 8 Percent to $492.9 Million.
Q3 Earnings per Share View $-0.55, Revenue View $493.3 Million -- Refinitiv Ibes Data (analyst estimates).
Sees Q4 Net Revenue $485 Million - $495 Million.
Q4 Revenue View $495.0 Million -- Refinitiv Ibes Data (analyst estimates).
Qtrly Active Clients of 3,907,000, a Decrease of 200,000 Or 5% Year Over Year.
Stitch Fix Expects Annual Cost Savings of $40 Million to $60 Million in Fiscal Year 2023.
Annual Cost Savings of $40 Million to $60 Million in Fiscal Year 2023 Expected As a Result of Workforce Reduction and Other Changes.