Published on 11 Dec 2024 on Benzinga
Stitch Fix Inc SFIX shares are trading higher Wednesday after the company reported better-than-expected financial results for the first quarter and issued strong guidance.
What Happened: Stitch Fix reported fiscal first-quarter revenue of $318.8 million, beating analyst estimates of $306.93 million. The company reported a quarterly loss of 5 cents per share, beating estimates for a loss of 13 cents per share, according to Benzinga Pro.