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Stitch Fix: Fiscal Q4 Earnings Snapshot
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SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Stitch Fix Inc. (SFIX) on Wednesday reported a loss of $2.1 million in its fiscal fourth quarter.

On a per-share basis, the San Francisco-based company said it had a loss of 2 cents. Losses, adjusted for restructuring costs, came to 1 cent per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.

The online clothing styling service posted revenue of $324.4 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $325 million.

For the year, the company reported a loss of $12.6 million, or 9 cents per share. Revenue was reported as $1.35 billion.

For the current quarter ending in October, Stitch Fix said it expects revenue in the range of $323 million to $328 million.

The company expects full-year revenue in the range of $1.31 billion to $1.36 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFIX at https://www.zacks.com/ap/SFIX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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