Is Stitch Fix Headed for Success -- Or Is It the Next Blue Apron?
Shares of Stitch Fix (NASDAQ: SFIX) have soared 60% since the company's IPO last month. Investors are warming to its track record of profitability and its strong revenue growth.
In this episode of Industry Focus: Consumer Goods, the team digs into Stitch Fix's financials. While revenue rose at a phenomenal rate up until 2016, growth has been slowing. Furthermore, a big increase in marketing costs has started to pressure profitability, raising some uncomfortable parallels to Blue Apron (NYSE: APRN), shares of which have lost more than half of their value since its own IPO back in June.
A full transcript follows the video.
Source: Fool.com
Stitch Fix Stock
€3.44
-0.720%
Our community is currently low on Stitch Fix with 0 Buy predictions and 4 Sell predictions.
This results in a negative potential of -41.84% based on a current price of 3.44 € and a target price of 2 € for the stock.
