Stitch Fix Earnings on Tuesday: Is a Stock Surge or Plunge Coming?
Stitch Fix (NASDAQ: SFIX) is slated to report its results for the fourth quarter and full year of fiscal 2021 (which ended July 31) after the market close on Tuesday, Sept. 21.
Be prepared for volatility. Shares of the online personalized apparel retailer tend to make big moves following the release of quarterly results. Last quarter, the stock surged 14.1% the day after results were announced, and it plunged 28.2% following the release of the prior quarter's results.
Stitch Fix stock is up 23.9% over the one-year period through Sept. 14. For context, the S&P 500 has returned 33.3% and shares of athletic clothing-focused retailer Lululemon Athletica (NASDAQ: LULU) have gained 34% over this period. (A stock chart follows below.)
Source Fool.com
