Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Stitch Fix Earnings: A New Profitability Challenge

TheMotleyFool

0 0

Stitch Fix Earnings: A New Profitability ChallengePhoto, wide shot, wide-angle lens, Retail store, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/add1012b-1b24-4eb2-aba0-77ab52c7f8ad.png

Three months after shocking Wall Street with strong growth metrics, Stitch Fix (NASDAQ: SFIX) just surprised investors in the opposite direction. The online apparel retailer this week revealed weaker sales growth in the second quarter while projecting a tough second half ahead for its 2021 fiscal year.

CEO Katrina Lake and her team see lots of reasons for optimism about Stitch Fix's broader growth outlook. But they still reduced the 2021 outlook on both the top and bottom lines.

Let's take a closer look.

Source Fool.com

Like: 0

SFIX

Share