Stitch Fix Stock Is Down 95% From Its High. Time to Buy?
Stitch Fix (NASDAQ: SFIX) posted its latest earnings report on March 7. In the second quarter of fiscal 2023, which ended on Jan. 28, the online apparel retailer's revenue fell 20% year over year to $412 million and missed analysts' estimates by $1 million. Could it be a deep value play for investors who are willing to ride out the near-term headwinds?