Welcome to our dedicated page for Stitch Fix news (Ticker: $SFIX), a resource for investors and traders seeking the latest updates and insights on Stitch Fix stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Stitch Fix's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Stitch Fix's position in the market.
Rhea-AI Summary
Stitch Fix, Inc. granted its Chief People Officer, Lillian Reaume, 509,091 restricted stock units (RSUs) to acquire company shares, with a vesting schedule spread over multiple quarterly dates. The RSUs were issued under the company's Amended and Restated 2019 Inducement Plan to incentivize new employee retention.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.37%
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Rhea-AI Summary
Stitch Fix, Inc. announces Lillian Reaume as Chief People Officer, bringing extensive HR experience from companies like Rubrik and Amazon. Reaume aims to drive business outcomes and foster a high-performance culture at Stitch Fix.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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Rhea-AI Summary
Stitch Fix, Inc. (NASDAQ:SFIX) announced its Q2 fiscal 2024 results with net revenue of $330.4 million, a 18% decrease YoY. The company reported a net loss of $35.0 million, but saw an increase in gross margin to 43.4%. Active clients decreased by 184,000 quarter-over-quarter. The financial outlook for Q3 2024 anticipates a net revenue of $300-310 million and an adjusted EBITDA of $(5)-$0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.04%
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Rhea-AI Summary
Stitch Fix, Inc. (NASDAQ: SFIX) will release its Q2 fiscal year 2024 financial results on March 4, 2024. The conference call will feature CEO Matt Baer and CFO David Aufderhaar discussing financial results and outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.64%
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Rhea-AI Summary
Stitch Fix, Inc. (NASDAQ:SFIX) granted restricted stock units (RSUs) to a new employee to acquire 63,679 shares of the company’s Class A common stock. One fourth of these restricted stock units will vest on March 13, 2024, and the remainder will vest in 3 equal quarterly installments of 1/4th over the next three subsequent quarterly RSU vesting dates, subject to the recipient's continuous service on each vesting date. The RSUs were granted pursuant to the Stitch Fix, Inc. Amended and Restated 2019 Inducement Plan and forms of stock option and RSU agreements thereunder, approved by the company's board of directors in April 2022 under Rule 5635(c)(4) of the Nasdaq Global Market for equity grants to induce new employees to enter into employment with the company.
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Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Stitch Fix, Inc. (NASDAQ:SFIX) granted 283,588 restricted stock units (RSUs) to two new employees, with vesting schedules over the next three quarterly RSU vesting dates, subject to continuous service. The RSUs were granted under the company's Amended and Restated 2019 Inducement Plan approved by the board of directors in April 2022.
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Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Stitch Fix, Inc. (NASDAQ:SFIX) announced the grant of 722,543 stock options and 361,272 restricted stock units to its Chief Product and Technology Officer, Tony Bacos, with a vesting schedule over multiple quarterly dates. The options and RSUs were granted under the 2019 Inducement Plan to induce new employees to join the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.91%
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Rhea-AI Summary
Stitch Fix, Inc. (NASDAQ:SFIX) announced its financial results for the first quarter of fiscal 2024, with net revenue from continuing operations of $364.8 million, a decrease of 18% year-over-year, but at the higher end of the guidance range. The company reported a net loss of $26.2 million and diluted loss per share of $0.22. Active clients decreased by 4% quarter-over-quarter and 15% year-over-year. However, Stitch Fix generated positive free cash flow for the fourth quarter in a row, ending the quarter with $262.3 million of cash, cash equivalents, and investments. The company also entered into a credit agreement with Citibank, N.A., providing for a $50.0 million revolving credit facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.36%
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Rhea-AI Summary
Stitch Fix, Inc. (NASDAQ: SFIX) is set to release its financial results for the first quarter of fiscal year 2024 on December 5, 2023. The company will host a conference call to discuss the results and outlook. The call will be led by CEO Matt Baer and CFO David Aufderhaar. A live webcast of the call will be available on the Stitch Fix investor relations website, and a replay will also be accessible for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.67%
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Rhea-AI Summary
Stitch Fix, Inc. announced that Tony Bacos is joining the company as Chief Product and Technology Officer. Bacos will lead the technology, product, data science, security, and IT teams to drive product innovation, optimize the client experience, and grow the business. Bacos has expertise in ecommerce and fashion retail, and previously held leadership roles at Frontdoor and Amazon Fashion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.42%
Tags
Stitch Fix, Inc.
Nasdaq:SFIX
SFIX Rankings
SFIX Stock Data
263.18M
73.61M
6.14%
85.86%
7.18%
Electronic Shopping
Retail Trade
United States of America
SAN FRANCISCO
About SFIX
stitch fix is the first fashion retailer to blend expert styling, proprietary technology and unique product to deliver a shopping experience that is truly personalized for you. simply fill out the stitch fix style profile and our personal stylists will handpick a "fix" of five clothing items and accessories unique to your taste, budget and lifestyle. simply buy what you like and return the rest.