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

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

Stitch Fix Announces Third Quarter Fiscal Year 2022 Financial Results

June 9, 2022 4:05 PM EDT

SAN FRANCISCO, June 09, 2022 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal shopping and styling service, has released its financial results for the third quarter of fiscal year 2022 ended April 30, 2022.

Stitch Fix CEO Elizabeth Spaulding said, While third quarter top-line results, as well as active client counts, were largely within our expectations, we know we still have work to do. This quarter we made progress on improving the overall client experience in order to position Stitch Fix for profitable growth and value creation... More