Stitch Fix Stock Plunges on Widening Losses
SFIXStitch Fix(SFIX) Investopedia·2024-09-25 23:46

Key TakeawaysStitch Fix shares plummeted Wednesday, a day after the online personal styling company reported widening losses.Stitch Fix's outlook was also weaker than analysts had anticipated.CEO Matt Baer said the company has "a lot of work still to do," and that the company could return to revenue growth by fiscal 2026. Stitch Fix (SFIX) shares plunged Wednesday, a day after the online personal styling company reported a wider-than-expected loss, and issued revenue projections below analyst estimates. Sti ...