Stitch Fix Stock News

SAN FRANCISCO, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal shopping and styling service, has released its financial results for the first quarter of fiscal year 2022 ended October 30, 2021.

Stitch Fix's (SFIX) CEO Elizabeth Spaulding on Q1 2022 Results - Earnings Call Transcript

Stitch Fix Inc (NASDAQ: SFIX) reported strong results for its fiscal first quarter on Tuesday. Shares still tanked 20% in extended trading on weaker-than-expected guidance for the future.

Stitch Fix (NASDAQ:SFIX) reported its Q1 earnings results on Tuesday, December 7, 2021 at 04:05 PM. Here's what investors need to know about the announcement.

Stitch Fix Inc. shares plunged after hours Tuesday after issuing guidance below expectations.

Stitch Fix cut its revenue outlook for the fiscal year, saying that it faces ongoing supply chain pressures and is in a transition period.

TheStreet downgraded shares of Stitch Fix (NASDAQ:SFIX) from a c- rating to a d+ rating in a research report report published on Friday, TheStreetRatingsTable reports. Other equities analysts have also issued research reports about the stock. Piper Sandler reduced their price objective on shares of Stitch Fix from $55.00 to $46.00 and set a neutral []

Earnings expected from AutoZone and Stitch Fix

Stitch Fix (NASDAQ:SFIX) had its price objective decreased by Truist Securities from $60.00 to $46.00 in a research report report published on Monday, Stock Target Advisor reports. Truist Securities currently has a buy rating on the stock. A number of other brokerages also recently weighed in on SFIX. Piper Sandler decreased their price target on []

Continued growth in active clients might have driven Stitch Fix's (SFIX) top-line performance in first-quarter fiscal 2022. Higher SG&A costs might hurt the bottom-line results.

Stitch Fix A will report earnings from Q1 on December 7. Analysts are expecting losses per share of $0.140. Watch Stitch Fix A stock price in real-time on Markets Insider here. On December 7, Stitch Fix A will be

We are entering a dry spell for earnings reports until mid-January starts the carousel going again.

Bill Gurley is a General Partner @ Benchmark, one of the most successful funds of the last decade with a portfolio including Uber, Twitter, Dropbox, Modern Treasury, Snapchat, StitchFix, and many more. As for Bill, widely recognized as one of the greats in venture having worked with GrubHub, NextDoor, Uber, OpenTable, Stitch Fix and Zillow. Prior to Benchmark, Bill was a partner with Hummer Winblad Venture Partners. Michael Eisenberg spent 15 years as a General Partner @ Benchmark working alongside Bill and the Benchmark partnership. Following Benchmark, Michael co-founded Aleph, one of the leading Israeli venture funds of the last decade with The post 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture appeared first on 20VC .