Stitch Fix, Inc. reports results for the quarter ended July 31 - Earnings Summary

• Stitch Fix, Inc. reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of five analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -6 cents to -4 cents per share.

• Revenue rose 9.3% to $340.28 million from a year ago; analysts expected $331.47 million.

• Stitch Fix, Inc.'s reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $1.53 million.

• Stitch Fix, Inc. shares had fallen by 27.3% this quarter and lost 43.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is "buy."

• Wall Street's median 12-month price target for Stitch Fix, Inc. is $5.00, about 40.2% above its last closing price of $2.99

This summary was machine generated from LSEG data September 24 at 01:17 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)