Stitch Fix Stock Price, News & Analysis

Stitch Fix, Inc. (NASDAQ:SFIX) announced Q4 and full fiscal year 2021 results, achieving a net revenue of $571 million for Q4, marking a 29% year-over-year growth, and crossing $2 billion in annual revenue. Active clients grew by 18% to 4.2 million, while net income reached $21.5 million with an EPS of $0.19. For FY 2022, the company forecasts a net revenue growth of over 15% year-over-year. CEO Elizabeth Spaulding highlighted momentum in Women’s, Kids, and the UK markets, as well as the recent launch of Stitch Fix Freestyle.

Stitch Fix (NASDAQ:SFIX) announced its financial results release for Q4 and full fiscal year 2021 on September 21, 2021, following the market close. The results will be discussed in a conference call at 2:00 p.m. PT. This marks the end of the fiscal year ending July 31, 2021. The call will feature CEO Elizabeth Spaulding and CFO Dan Jedda. A live webcast will be available on the company's investor relations page, with replays accessible until September 28, 2021. The service has been pivotal in offering personalized shopping experiences since its inception in 2011.

Vail Resorts (NYSE: MTN) announced Kirsten Lynch as the new CEO, effective November 1, 2021, succeeding Rob Katz, who will become executive chairperson. Lynch has been with Vail since 2011 and is credited with transforming its marketing strategy. Ryan Bennett will take over as CMO. Katz highlighted Lynch's leadership and vision for the company's growth and diversity initiatives. This transition follows a challenging period for Vail Resorts, marking a pivotal moment in its leadership and strategic direction.

Stitch Fix, Inc. (NASDAQ:SFIX) reported third quarter fiscal year 2021 results, revealing $536 million in net revenue, a 44% year-over-year increase. The active client base grew to 4.1 million, marking a 20% rise year-over-year. Despite this growth, net revenue per active client decreased by 3% year-over-year. The company posted a net loss of $18.8 million or $0.18 diluted loss per share. Looking forward, Stitch Fix anticipates fourth quarter net revenue between $540 million and $550 million, with annual projections of $2.070 billion to $2.080 billion.

Stitch Fix, a premier online personal styling service, announced that Elizabeth Spaulding, President and future CEO, will participate in a virtual fireside chat at the Baird Global Consumer, Technology, and Services Conference on June 10, 2021, at 11:00 A.M. PT / 2:00 P.M. ET. The event will be accessible via a live webcast on Stitch Fix's investor relations website. Founded in 2011, Stitch Fix employs data science and human judgment to deliver personalized shopping experiences to clients.

Stitch Fix (NASDAQ:SFIX) will release its Q3 fiscal year 2021 financial results on June 7, 2021, after market close. The earnings call, featuring CEO Katrina Lake, President Elizabeth Spaulding, and CFO Dan Jedda, will start at 2:00 p.m. PT. Investors can access the live webcast and replay via the company's investor relations site. Stitch Fix specializes in personalized styling services for clients, merging data science with human expertise to enhance the shopping experience.

On April 13, 2021, Stitch Fix, Inc. (NASDAQ: SFIX) announced a leadership transition where Founder and CEO Katrina Lake will become Executive Chairperson effective August 1, 2021. Elizabeth Spaulding, currently President, will be appointed as the new CEO and join the Board. Lake will focus on social impact initiatives while remaining involved with the company. Founded in 2011, Stitch Fix has grown to an annual revenue of $1.7 billion, serving nearly 4 million clients and employing 8,000 people.

Stitch Fix (NASDAQ: SFIX) announced that Sharon Chiarella, Chief Product Officer, has been granted stock options for 71,376 shares at $47.14 each, along with restricted stock units for 36,006 shares. The stock options will vest over three years, with one-sixth vesting after six months and the remainder in monthly installments, contingent on her continued service. The restricted stock units will similarly vest over three years, with one-sixth vesting on December 15, 2021, and the rest quarterly. These grants are part of the 2019 Inducement Plan approved by the board.

Stitch Fix (NASDAQ: SFIX) announced that Sharon Chiarella will join as Chief Product Officer on March 29, 2021. Previously at Amazon, she led significant innovations in customer experience. Stitch Fix President Elizabeth Spaulding expressed confidence in Chiarella's ability to enhance the company's personalized shopping platform. Chiarella aims to leverage her experience to drive growth amid the retail industry's shift towards online shopping, reinforcing Stitch Fix's position in the market as a leader in personalized retail solutions.