Stitch Fix (SFIX) Misses Q2 Revenues, Lifts EBITDA Guidance; CFO to Leave

Stitch Fix (NASDAQ: SFIX) reported Q2 EPS of ($0.58), which may not compare to the analyst estimate of ($0.34). Revenue for the quarter came in at $412.1 million versus the consensus estimate of $413.24 million.

Dan Jedda to step down as CFO to pursue another opportunity: to be succeeded by David Aufderhaar, SVP of Finance, Stitch Fix effective April 3.

GUIDANCE:

Stitch Fix sees Q3 2023 revenue of $385-392 million, versus the consensus of $394.75 million.

Stitch Fix sees FY2023 revenue of $1.625-1.645 billion, versus the consensus of $1.65 billion. Sees FY2023 adjusted EBITDA to be between breakeven and $10 million.

For earnings history and earnings-related data on Stitch Fix (SFIX) click here.

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