Stitch Fix (NASDAQ: SFIX) restarts buybacks with $105M capacity left
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Stitch Fix, Inc. has resumed repurchases under its existing share repurchase program authorizing up to $150 million of Class A common stock. Between March 17 and April 1, 2026, the company repurchased about 4.5 million shares for $15 million. Following these transactions, approximately $105 million remains available under the program, which has no expiration date and can be modified, suspended, or terminated at any time. Future repurchases will depend on factors such as stock price, trading volume, market conditions, and general business conditions.
Positive
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Negative
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Insights
Stitch Fix restarts a sizable, flexible buyback but with fully discretionary pacing.
Stitch Fix has resumed an existing share repurchase program authorizing up to $150 million of Class A common stock. The company recently bought approximately 4.5 million shares for $15 million, leaving $105 million available.
The program has no expiration date and may be modified, suspended, or terminated at any time, so actual capital deployment remains at management’s discretion. Repurchase levels will depend on share price, trading volume, market conditions, and broader business considerations disclosed in future quarterly and annual reports.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Share repurchase authorization: $150 million
Recent repurchases: $15 million
Shares recently repurchased: 4.5 million shares
+1 more
4 metrics
Share repurchase authorization
$150 million
Total capacity of existing share repurchase program
Recent repurchases
$15 million
Aggregate purchase price between March 17 and April 1, 2026
Shares recently repurchased
4.5 million shares
Class A common stock repurchased March 17–April 1, 2026
Remaining authorization
$105 million
Amount left under existing share repurchase program
Key Terms
share repurchase program, Rule 10b5-1 trading plans, forward-looking statements, Risk Factors, +1 more
5 terms
Rule 10b5-1 trading plans regulatory
"including pursuant to Rule 10b5-1 trading plans"
Rule 10b5-1 trading plans are written, pre-arranged instructions that allow company insiders (such as executives or directors) to automatically buy or sell their company's stock at specified times or under set conditions, like a standing instruction or automated thermostat for trades. They matter to investors because these plans provide a legal defense against insider‑trading accusations and create predictable insider trading patterns that can help signal whether sales are routine portfolio management or potentially meaningful to the company’s outlook.
forward-looking statements regulatory
"contains forward-looking statements within the meaning of the federal securities laws"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Risk Factors regulatory
"including in the section titled “Risk Factors” in the Company’s Quarterly Report"
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.
aggregate purchase price financial
"repurchased approximately 4.5 million shares ... for an aggregate purchase price of $15 million"
The aggregate purchase price is the total amount a buyer pays to acquire a company, assets or securities, including the headline payment plus any assumed debt, fees, taxes and contractually required adjustments. It matters to investors because it shows the true cost of a deal and how much value must be realized after the sale — like knowing the full price of a house once you add closing costs, repairs and outstanding mortgage obligations.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 1, 2026
(Exact name of Registrant as Specified in Its Charter)
Commission file number: 001-38291
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | ||||||||||
(Address of principal executive offices and zip code)
(415 ) 882-7765
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01 | Other Events. | |||||||
On April 1, 2026, Stitch Fix, Inc. (the “Company”) announced that it has resumed repurchases under its existing share repurchase program. The share repurchase program was previously authorized by the Company’s Board of Directors in January 2022, and enables the Company to repurchase up to $150 million of its Class A common stock from time to time through open market repurchases, privately negotiated transactions, or other means, including pursuant to Rule 10b5-1 trading plans. The actual timing, number and value of shares repurchased in the future will be determined by the Company in its discretion and will depend on a number of factors, including price, trading volume, market conditions, and other general business conditions. The share repurchase program has no expiration date and may be modified, suspended, or terminated at any time. As of April 1, 2026, approximately $105 million remained available under the share repurchase program authorization.
A copy of the press release relating to these matters is attached hereto as Exhibit 99.1 and incorporated by reference herein.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact could be deemed forward-looking, including but not limited to statements regarding the Company’s intentions with respect to its share repurchase program, including the timing, volume, and method of any future repurchases. These statements involve substantial risks and uncertainties, including risks and uncertainties related to the current macroeconomic environment; market conditions and the trading price and volume of the Company’s Class A common stock; the Company’s ability to complete repurchases under the share repurchase program in the amount authorized; the impact of the share repurchase program on the Company’s business and financial condition; and other risks described in the Company’s filings with the SEC. Further information on these and other factors that could cause the Company’s financial results, performance, and achievements to differ materially from any results, performance, or achievements anticipated, expressed, or implied by these forward-looking statements is included in filings the Company makes with the SEC from time to time, including in the section titled “Risk Factors” in the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2026. These documents are available on the SEC Filings section of the investor relations section of the Company’s website at: https://investors.stitchfix.com. The Company undertakes no obligation to update any forward-looking statements made in this Current Report on Form 8-K to reflect events or circumstances after the date of this Current Report on Form 8-K or to reflect new information or the occurrence of unanticipated events, except as required by law. The achievement or success of the matters covered by such forward-looking statements involves known and unknown risks, uncertainties, and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the results of the Company could differ materially from the results expressed or implied by the forward-looking statements the Company makes. Investors should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent management's beliefs and assumptions only as of the date such statements are made.
| Item 9.01 | Financial Statements and Exhibits. | |||||||
(d) Exhibits.
The following exhibits are provided as part of this Report:
| Exhibit No. | Description | |||||||
| 99.1 | Press Release dated April 1, 2026. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Stitch Fix, Inc. | ||||||||||||||
Dated: April 1, 2026 | By: | /s/ Casey O’Connor | ||||||||||||
| Casey O’Connor | ||||||||||||||
| Chief Legal Officer | ||||||||||||||
Exhibit 99.1
Stitch Fix Resumes Share Repurchase Program
SAN FRANCISCO, April 1, 2026 (BUSINESSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX) (the “Company”), the leading online personal styling service, today announced that it has resumed repurchases under its existing share repurchase program.
The share repurchase program was previously authorized by the Company’s Board of Directors in January 2022, and enables the Company to repurchase up to $150 million of its Class A common stock from time to time through open market repurchases, privately negotiated transactions, or other means, including pursuant to Rule 10b5-1 trading plans. The actual timing, number and value of shares repurchased in the future will be determined by the Company in its discretion and will depend on a number of factors, including price, trading volume, market conditions, and other general business conditions. The share repurchase program has no expiration date and may be modified, suspended, or terminated at any time.
Between March 17, 2026 and April 1, 2026, the Company repurchased approximately 4.5 million shares of its Class A common stock for an aggregate purchase price of $15 million. Following these repurchases, approximately $105 million remains available under the existing share repurchase program. The Company intends to report information about future repurchases, if any, in its quarterly and annual reports.
About Stitch Fix, Inc.
Stitch Fix (NASDAQ: SFIX) is the leading online personal styling service that helps people discover the styles they will love that fit perfectly so they always look - and feel - their best. Few things are more personal than getting dressed, but finding clothing that fits and looks great can be a challenge. Stitch Fix solves that problem. By pairing expert stylists with best-in-class AI and recommendation algorithms, the company leverages its assortment of exclusive and national brands to meet each client's individual tastes and needs, making it convenient for clients to express their personal style without having to spend hours in stores or sifting through endless choices online. Stitch Fix, which was founded in 2011, is headquartered in San Francisco. For more information, please visit https://www.stitchfix.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact could be deemed forward-looking, including but not limited to statements regarding the Company’s intentions with respect to its share repurchase program, including the timing, volume, and method of any future repurchases. These statements involve substantial risks and uncertainties, including risks and uncertainties related to the current macroeconomic environment; market conditions and the trading price and volume of the Company’s Class A common stock; the Company’s ability to complete repurchases under the share repurchase program in the amount authorized; the impact of the share repurchase program on the Company’s business and financial condition; and other risks described in the Company’s filings with the SEC. Further information on these and other factors that could cause the Company’s financial results, performance, and achievements to differ materially from any results, performance, or achievements anticipated, expressed, or implied by these forward-looking statements is included in filings the Company makes with the SEC from time to time, including in the section titled “Risk Factors” in the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2026. These documents are available on the SEC Filings section of the investor relations section of the Company’s website at: https://investors.stitchfix.com. The Company undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. The achievement or success of the matters covered by such forward-looking statements involves known and unknown risks, uncertainties, and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the results of the Company could differ materially from the results expressed or implied by the forward-looking statements the Company makes. Investors should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent management's beliefs and assumptions only as of the date such statements are made.
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IR Contact: ir@stitchfix.com | PR Contact: media@stitchfix.com | ||||
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FAQ
How much capacity remains under Stitch Fix’s (SFIX) buyback authorization?
After recent repurchases, approximately $105 million remains available under Stitch Fix’s existing $150 million share repurchase program. This remaining capacity can be used over time through various repurchase methods, with timing and volume determined by management.
How will Stitch Fix (SFIX) decide on the timing and volume of future repurchases?
Stitch Fix indicates that the timing, number, and value of future repurchases will be determined at its discretion. Decisions will depend on share price, trading volume, overall market conditions, and general business conditions affecting the company.