Stitch Fix (SFIX) Misses Q3 EPS by 17c, Offers Q4 Guidance, Confirms Plan to Cut 15% of Salaried Workforce

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Stitch Fix (SFIX) Shares Plunge 15% on Q3 EPS Miss & 15% Salaried Workforce Reduction Announcement

June 9, 2022 5:32 PM EDT

Stitch Fix (NASDAQ: SFIX) shares were trading more than 15% lower after-hours following the reported Q3 results and confirmed a workforce reduction plan.

Q3 EPS of ($0.72) came in worse than the consensus estimate of ($0.55). Revenue declined 8% year-over-year to $494.9 million, compared to the consensus estimate of $493.26... More

Stitch Fix (SFIX) laying off 15% of its salaried employees - CNBC

June 9, 2022 2:00 PM EDT

Stitch Fix (NASDAQ: SFIX) laying off 15% of its salaried employees - CNBC

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