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00:02Stitch Fix reported a fourth quarter loss of two cents per share, beating the consensus
00:06estimate for a six cent loss, while revenue of $324.42 million missed the $325.5 million
00:14estimate. Active clients fell 1.4% from both the prior quarter and a year earlier to $2.277 million.
00:21Net revenue per active client rose 7.8% year over year to $592, while gross margin remained
00:28flat at 43.6%. CEO Matt Baer said fiscal 2026 left Stitch Fix with a stronger operating foundation,
00:37a reimagined client experience, and a more compelling assortment.
00:40The company expects fiscal 2027 revenue of $1.31 billion to $1.36 billion, below the $1.41
00:48billion analyst estimate. Shares fell 18.44% to $2.30 in Wednesday's extended trading,
00:56according to data from Benzinga Pro.
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