Why Stitch Fix Stock Crashed 36% on Wednesday
Stitch Fix(SFIX) The Motley Fool·2024-09-26 02:01
Stitch Fix stock is in a bad fix today.Shares of try-before-you-buy mail-order clothier Stitch Fix (SFIX -38.00%) got destroyed today, crashing 36.2% through noon ET after reporting a huge earnings miss.Heading into earnings, analysts were already pessimistic, forecasting that Stitch Fix would lose 318.5 million in quarterly sales. But while the company eked out a small beat on sales, reporting 0.30 per-share loss. Stitch Fix Q4 ea ...