Stitch Fix (NASDAQ: SFIX) amends credit agreement and details 2025 vote results
Rhea-AI Filing Summary
Stitch Fix, Inc. entered into a first amendment to its first lien credit agreement with Citibank, N.A., extending the maturity date from December 4, 2026 to December 11, 2028, while leaving the previously disclosed terms largely unchanged.
The company also held its 2025 annual meeting of stockholders on December 11, 2025 via live webcast. Stockholders elected Class II directors Kofi Amoo-Gottfried, who received 208,218,424 votes for and 19,045,726 votes withheld, and Timothy Baxter, who received 213,206,870 votes for and 14,057,280 votes withheld, with 14,972,929 broker non-votes for each. Stockholders approved, on a non-binding advisory basis, executive compensation with 197,618,173 votes for and 29,105,044 against, and ratified Deloitte & Touche LLP as independent auditor for the fiscal year ending August 1, 2026 with 241,197,907 votes for and 259,754 against.
Positive
- None.
Negative
- None.
FAQ
What change did Stitch Fix (SFIX) make to its credit agreement in December 2025?
On December 11, 2025, Stitch Fix entered into a first amendment to its first lien credit agreement with Citibank, N.A., extending the maturity date from December 4, 2026 to December 11, 2028. Other previously disclosed terms were not materially modified.
When does Stitch Fixs amended credit facility now mature?
Under the first amendment to the credit agreement, the maturity date was extended from December 4, 2026 to December 11, 2028.
Which directors were elected at Stitch Fixs 2025 annual meeting and how many votes did they receive?
Stockholders elected Class II directors Kofi Amoo-Gottfried, who received 208,218,424 votes for and 19,045,726 votes withheld, and Timothy Baxter, who received 213,206,870 votes for and 14,057,280 votes withheld. Each directors election had 14,972,929 broker non-votes.
How did Stitch Fix (SFIX) stockholders vote on executive compensation in 2025?
Stockholders approved, on a non-binding advisory basis, the compensation of Stitch Fixs named executive officers, with 197,618,173 votes for, 29,105,044 votes against, 540,933 abstentions, and 14,972,929 broker non-votes.
Which auditor did Stitch Fix stockholders ratify for the fiscal year ending August 1, 2026?
Stockholders ratified the selection of Deloitte & Touche LLP as Stitch Fixs independent registered public accounting firm for the fiscal year ending August 1, 2026, with 241,197,907 votes for, 259,754 votes against and 779,418 abstentions.
When and how was Stitch Fixs 2025 annual meeting of stockholders held?
The 2025 annual meeting of stockholders was held on December 11, 2025 via live audio webcast at www.virtualshareholdermeeting.com/SFIX2025.