Stitch Fix (NASDAQ:SFIX) Posts Quarterly Earnings Results

Stitch Fix (NASDAQ:SFIX) issued its quarterly earnings data on Tuesday. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.06, Zacks reports. Stitch Fix had a negative return on equity of 32.71% and a negative net margin of 7.71%. The company had revenue of $325.02 million for the quarter, compared to analyst estimates of $315.03 million. During the same quarter last year, the company posted ($0.15) earnings per share. The business’s quarterly revenue was up .7% compared to the same quarter last year. Stitch Fix updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.

Stitch Fix Stock Performance

NASDAQ SFIX opened at $4.28 on Thursday. The firm has a market cap of $551.25 million, a PE ratio of -5.16 and a beta of 2.00. Stitch Fix has a one year low of $2.21 and a one year high of $6.99. The firm’s fifty day moving average is $3.74 and its two-hundred day moving average is $4.21.

Analyst Ratings Changes

Separately, Telsey Advisory Group reaffirmed a “market perform” rating and set a $6.00 price target on shares of Stitch Fix in a research report on Wednesday.

Insider Activity

In other Stitch Fix news, major shareholder Working Capital Advisors (Uk) sold 1,370,931 shares of Stitch Fix stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $4.68, for a total value of $6,415,957.08. Following the transaction, the insider now directly owns 10,608,822 shares in the company, valued at approximately $49,649,286.96. This trade represents a 11.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Casey O’connor sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $3.04, for a total value of $152,000.00. Following the completion of the transaction, the insider now directly owns 575,755 shares in the company, valued at approximately $1,750,295.20. The trade was a 7.99% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 16.95% of the company’s stock.

Institutional Investors Weigh In On Stitch Fix

A hedge fund recently raised its stake in Stitch Fix stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Stitch Fix, Inc. (NASDAQ:SFIX) by 7.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 61,270 shares of the company’s stock after buying an additional 3,993 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Stitch Fix were worth $199,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 71.04% of the company’s stock.

About Stitch Fix

Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.