==== Stitch Fix (SFIX) reported earnings on Tue 6 Dec 22 (a/h)

 

Stitch Fix misses by $0.03, reports revs in-line; guides Q2 revs below consensus 

• Reports Q1 (Oct) loss of $0.50 per share, $0.03 worse than the S&P Capital IQ Consensus of ($0.47); revenues fell 21.6% year/year to $455.6 mln vs the $459.55 mln S&P Capital IQ Consensus.
  • Active clients of 3,709,000, a decrease of 471,000 or 11% year over year
  • Net revenue per active client (RPAC) of $525, approximately flat year over year
• Co issues downside guidance for Q2, sees Q2 revs of $410-420 mln vs. $444.64 mln S&P Capital IQ Consensus.