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Stitch Fix: Fiscal 2Q Earnings Snapshot

Associated Press
Updated ·1-min read

SAN FRANCISCO (AP) _ Stitch Fix Inc. (SFIX) on Monday reported fiscal second-quarter earnings of $11.4 million.

On a per-share basis, the San Francisco-based company said it had profit of 11 cents.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The online clothing styling service posted revenue of $451.8 million in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $452.8 million.

Stitch Fix shares have fallen 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $21.35, a decline of 20% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFIX at https://www.zacks.com/ap/SFIX