Why Stitch Fix Stock Is Up Big Today
SFIXStitch Fix(SFIX) The Motley Fool·2024-06-06 02:53

The recent quarter was not as bad as analysts had feared. It's too soon for the new management at Stitch Fix (SFIX 23.78%) to say "mission accomplished," but the latest quarterly results certainly suggest things are moving in the right direction. Shares of Stitch Fix soared as much as 44.9% at the open Wednesday and remained up 24% as of 1:30 p.m. ET after the apparel company reported better-than-expected quarterly results. Style in a box Stitch Fix is an originator of the "wardrobe in a box" concept, sendi ...