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Stitch Fix

Nasdaq:SFIX
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SFIX
Nasdaq
$2B
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Stitch Fix, Inc. sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States. The last earnings update was 65 days ago. More info.


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  • Stitch Fix has significant price volatility in the past 3 months.
SFIX Share Price and Events
7 Day Returns
8.8%
NasdaqGS:SFIX
-1.2%
US Online Retail
0.5%
US Market
1 Year Returns
13.8%
NasdaqGS:SFIX
1.2%
US Online Retail
2%
US Market
SFIX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Stitch Fix (SFIX) 8.8% 14.8% -11.5% 13.8% - -
US Online Retail -1.2% 5.5% 5% 1.2% 145.5% 193.8%
US Market 0.5% 6.3% 1.9% 2% 45.1% 40.5%
1 Year Return vs Industry and Market
  • SFIX outperformed the Online Retail industry which returned 1.2% over the past year.
  • SFIX outperformed the Market in United States of America which returned 2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Stitch Fix undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Stitch Fix to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Stitch Fix.

NasdaqGS:SFIX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 15%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:SFIX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Online Retail Unlevered Beta Simply Wall St/ S&P Global 1.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.684 (1 + (1- 21%) (0%))
1.684
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.68
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.684 * 7.27%)
14.97%

Discounted Cash Flow Calculation for NasdaqGS:SFIX using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Stitch Fix is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:SFIX DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 29.38 59.13 48.50 62.65 119.20
Source Analyst x4 Analyst x3 Analyst x3 Analyst x2 Analyst x2
Present Value
Discounted (@ 14.97%)
25.55 44.74 31.91 35.86 59.34
Present value of next 5 years cash flows $197.40
NasdaqGS:SFIX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $119.20 × (1 + 2.73%) ÷ (14.97% – 2.73%)
$1,000.37
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $1,000.37 ÷ (1 + 14.97%)5
$497.99
NasdaqGS:SFIX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $197.40 + $497.99
$695.39
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $695.39 / 99.54
$6.99
NasdaqGS:SFIX Discount to Share Price
Calculation Result
Value per share (USD) From above. $6.99
Current discount Discount to share price of $23.70
= -1 x ($23.70 - $6.99) / $6.99
-239.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Stitch Fix is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Stitch Fix's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Stitch Fix's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:SFIX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-27) in USD $0.45
NasdaqGS:SFIX Share Price ** NasdaqGS (2019-02-13) in USD $23.7
United States of America Online Retail Industry PE Ratio Median Figure of 27 Publicly-Listed Online Retail Companies 34.53x
United States of America Market PE Ratio Median Figure of 3,046 Publicly-Listed Companies 16.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Stitch Fix.

NasdaqGS:SFIX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SFIX Share Price ÷ EPS (both in USD)

= 23.7 ÷ 0.45

52.74x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stitch Fix is overvalued based on earnings compared to the US Online Retail industry average.
  • Stitch Fix is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Stitch Fix's expected growth come at a high price?
Raw Data
NasdaqGS:SFIX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 52.74x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
41.8%per year
United States of America Online Retail Industry PEG Ratio Median Figure of 24 Publicly-Listed Online Retail Companies 1.58x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

NasdaqGS:SFIX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 52.74x ÷ 41.8%

1.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stitch Fix is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Stitch Fix's assets?
Raw Data
NasdaqGS:SFIX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-27) in USD $3.35
NasdaqGS:SFIX Share Price * NasdaqGS (2019-02-13) in USD $23.7
United States of America Online Retail Industry PB Ratio Median Figure of 58 Publicly-Listed Online Retail Companies 3.33x
United States of America Market PB Ratio Median Figure of 5,122 Publicly-Listed Companies 1.81x
NasdaqGS:SFIX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SFIX Share Price ÷ Book Value per Share (both in USD)

= 23.7 ÷ 3.35

7.07x

* Primary Listing of Stitch Fix.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stitch Fix is overvalued based on assets compared to the US Online Retail industry average.
X
Value checks
We assess Stitch Fix's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Online Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Online Retail industry average (and greater than 0)? (1 check)
  5. Stitch Fix has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Stitch Fix expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
41.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Stitch Fix expected to grow at an attractive rate?
  • Stitch Fix's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Stitch Fix's earnings growth is expected to exceed the United States of America market average.
  • Stitch Fix's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:SFIX Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:SFIX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 41.8%
NasdaqGS:SFIX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 16%
United States of America Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 26.4%
United States of America Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 17.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:SFIX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:SFIX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-07-31 2,813 283 204 3
2022-07-31 2,443 202 127 3
2021-07-31 2,126 136 67 7
2020-07-31 1,797 101 23 10
2019-07-31 1,511 100 18 10
NasdaqGS:SFIX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-10-27 1,297 98 42
2018-07-28 1,227 72 36
2018-04-28 1,166 64 15
2018-01-27 1,095 23 -4
2017-10-28 1,037 22 -0
2017-07-29 977 39 -1
2017-04-29 923 53 3
2017-01-28 872 85 16
2016-10-29 800 82 9
2016-07-30 730 45 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Stitch Fix's earnings are expected to grow significantly at over 20% yearly.
  • Stitch Fix's revenue is expected to grow by 16% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:SFIX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Stitch Fix Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SFIX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-07-31 1.69 1.69 1.69 1.00
2022-07-31 1.09 1.09 1.09 1.00
2021-07-31 0.52 0.80 0.20 6.00
2020-07-31 0.25 0.46 0.17 10.00
2019-07-31 0.17 0.21 0.14 10.00
NasdaqGS:SFIX Past Financials Data
Date (Data in USD Millions) EPS *
2018-10-27 0.45
2018-07-28 0.47
2018-04-28 0.26
2018-01-27 -0.09
2017-10-28 -0.01
2017-07-29 -0.02
2017-04-29 0.12
2017-01-28 0.66
2016-10-29 0.40
2016-07-30 0.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Stitch Fix is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Stitch Fix's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Stitch Fix has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Stitch Fix performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Stitch Fix's growth in the last year to its industry (Online Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Unable to establish if Stitch Fix's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
  • Unable to compare Stitch Fix's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.
  • Stitch Fix has become profitable in the last year making it difficult to compare the US Online Retail industry average.
Earnings and Revenue History
Stitch Fix's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Stitch Fix Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SFIX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-27 1,297.18 42.29 527.80
2018-07-28 1,226.51 35.54 493.00
2018-04-28 1,166.50 15.24 471.72
2018-01-27 1,094.83 -3.79 444.64
2017-10-28 1,036.70 -0.27 438.70
2017-07-29 977.14 -0.59 402.78
2017-04-29 923.40 2.92 367.41
2017-01-28 872.33 15.69 342.11
2016-10-29 800.43 9.25 289.42
2016-07-30 730.31 8.21 259.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Stitch Fix has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Stitch Fix used its assets more efficiently than the US Online Retail industry average last year based on Return on Assets.
  • Unable to establish if Stitch Fix improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Stitch Fix's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Online Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Stitch Fix has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Stitch Fix's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Stitch Fix's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Stitch Fix is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Stitch Fix's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Stitch Fix's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Stitch Fix has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Stitch Fix Company Filings, last reported 3 months ago.

NasdaqGS:SFIX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-27 333.50 0.00 258.33
2018-07-28 315.07 0.00 297.52
2018-04-28 286.74 0.00 287.26
2018-01-27 271.10 0.00 266.37
2017-10-28 120.49 0.00 131.10
2017-07-29 104.08 0.00 110.61
2017-04-29 106.10 0.00 112.04
2017-01-28 114.27 0.00 127.67
2016-10-29 92.17 0.00 91.49
2016-07-30 92.17 0.00 91.49
  • Stitch Fix has no debt.
  • Stitch Fix has not taken on any debt in the past 5 years.
  • Stitch Fix has no debt, it does not need to be covered by operating cash flow.
  • Stitch Fix has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Stitch Fix's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Stitch Fix has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Stitch Fix's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Stitch Fix dividends. Estimated to be 0% next year.
If you bought $2,000 of Stitch Fix shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Stitch Fix's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Stitch Fix's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:SFIX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
Global Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 1.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:SFIX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-07-31
2022-07-31
2021-07-31 0.00 1.00
2020-07-31 0.00 1.00
2019-07-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Stitch Fix has not reported any payouts.
  • Unable to verify if Stitch Fix's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Stitch Fix's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Stitch Fix has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Stitch Fix's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Stitch Fix's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Stitch Fix afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Stitch Fix has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Stitch Fix's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Katrina Lake
COMPENSATION $601,571
AGE 35
CEO Bio

Ms. Katrina Lake founded Stitch Fix, Inc. in 2011 and serves as its Chief Executive Officer. Prior to founding Stitch Fix, from June 2010 until January 2011, Ms. Lake managed the blogger platform at Polyvore, the venture-backed social commerce company. She served as an Associate at Leader Ventures from September 2007 to August 2009. She worked primarily with prospective investments across a wide range of industries. She joined Leader Ventures in 2007. From September 2005 to September 2007, she worked at The Parthenon Group, a strategy consulting firm, where she consulted with a variety of e-commerce and traditional retailers. She served as a Senior Associate at the San Francisco office of The Parthenon Group, where she worked in the private equity practice and in the consumer products and services industries. She has been an Independent Director of GrubHub Inc. since December 22, 2015. she has been a Director at Stitch Fix, Inc since 2011. Ms. Lake holds a BA in Economics from Stanford University and an MBA from Harvard Business School.

CEO Compensation
  • Insufficient data for Katrina to compare compensation growth.
  • Katrina's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Stitch Fix management team in years:

2.3
Average Tenure
46
Average Age
  • The tenure for the Stitch Fix management team is about average.
Management Team

Katrina Lake

TITLE
Founder
COMPENSATION
$602K
AGE
35

Mike Smith

TITLE
COO & President
COMPENSATION
$511K
AGE
48
TENURE
0.3 yrs

Paul Yee

TITLE
Chief Financial Officer
COMPENSATION
$440K
AGE
46
TENURE
1.7 yrs

Scott Darling

TITLE
Chief Legal Officer & Corporate Secretary
COMPENSATION
$325K
AGE
46
TENURE
2.3 yrs

Cathy Polinsky

TITLE
Chief Technology Officer
AGE
41
TENURE
2.3 yrs

David Pearce

TITLE
Head of Strategic Finance & IR

Deirdre Findlay

TITLE
Chief Marketing Officer
TENURE
0.7 yrs

Margaret Wheeler

TITLE
Chief People & Culture Officer
AGE
56
TENURE
4.9 yrs

Eric Colson

TITLE
Chief Algorithms Officer
AGE
47
TENURE
6.5 yrs
Board of Directors Tenure

Average tenure and age of the Stitch Fix board of directors in years:

5
Average Tenure
50
Average Age
  • The tenure for the Stitch Fix board of directors is about average.
Board of Directors

Katrina Lake

TITLE
Founder
COMPENSATION
$602K
AGE
35
TENURE
8 yrs

Marka Hansen

TITLE
Director
COMPENSATION
$54K
AGE
65
TENURE
5 yrs

Bill Gurley

TITLE
Director
AGE
51
TENURE
5.5 yrs

Sharon McCollam

TITLE
Lead Independent Director
COMPENSATION
$60K
AGE
55

Steve Anderson

TITLE
Director
AGE
50
TENURE
7.8 yrs

Kirsten Lynch

TITLE
Director
COMPENSATION
$142K
AGE
50
TENURE
0.9 yrs

Mikkel Svane

TITLE
Director
AGE
47
TENURE
0.3 yrs

Liz Williams

TITLE
Director
AGE
41
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
09. Oct 18 Sell Bruce Dunlevie Individual 05. Oct 18 05. Oct 18 -291,132 $27.19 $-7,700,317
09. Oct 18 Sell Peter Fenton Individual 05. Oct 18 05. Oct 18 -10,016 $28.47 $-272,142
09. Oct 18 Sell Robert Kagle Individual 05. Oct 18 05. Oct 18 -25,200 $26.42 $-665,862
09. Oct 18 Sell Steven Spurlock Individual 05. Oct 18 05. Oct 18 -3,273 $28.47 $-88,928
05. Sep 18 Sell Barry Eggers Individual 31. Aug 18 31. Aug 18 -31,886 $40.88 $-1,303,426
10. Jul 18 Sell Mhatre Investments Lp - Fund 1 Company 03. Jul 18 06. Jul 18 -164,981 $29.52 $-4,614,200
10. Jul 18 Sell Barry Eggers Individual 06. Jul 18 06. Jul 18 -63,772 $31.07 $-1,981,575
10. Jul 18 Sell Nieh Family Investments LP Company 05. Jul 18 05. Jul 18 -31,886 $28.30 $-887,127
25. Jun 18 Sell Steven Spurlock Individual 11. Jun 18 13. Jun 18 -98,180 $25.03 $-2,411,332
25. Jun 18 Sell Mitchell Lasky Individual 22. Jun 18 22. Jun 18 -124,150 $30.07 $-3,733,712
25. Jun 18 Sell Matthew Cohler Individual 21. Jun 18 21. Jun 18 -125,743 $28.87 $-3,629,710
08. Jun 18 Sell Nieh Family Investments LP Company 06. Jun 18 08. Jun 18 -31,886 $23.78 $-718,810
29. May 18 Sell Nieh Family Investments LP Company 25. May 18 25. May 18 -31,886 $20.01 $-637,924
01. Jun 18 Sell Barry Eggers Individual 30. May 18 01. Jun 18 -31,886 $19.50 $-611,768
01. Jun 18 Sell Christopher Schaepe Individual 30. May 18 30. May 18 -31,886 $19.33 $-616,302
29. May 18 Sell Barry Eggers Individual 24. May 18 25. May 18 -31,886 $20.00 $-636,502
23. May 18 Sell Christopher Schaepe Individual 22. May 18 22. May 18 -31,886 $20.80 $-663,085
18. May 18 Sell Christopher Schaepe Individual 17. May 18 17. May 18 -31,887 $20.99 $-669,187
18. May 18 Sell Barry Eggers Individual 16. May 18 16. May 18 -31,887 $20.46 $-652,261
18. May 18 Sell Peter Nieh Individual 16. May 18 16. May 18 -31,887 $20.29 $-647,083
X
Management checks
We assess Stitch Fix's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Stitch Fix has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Stitch Fix, Inc.'s (NASDAQ:SFIX) Liquidity Good Enough?

Stocks with market capitalization between $2B and $10B, such as Stitch Fix, Inc. … (NASDAQ:SFIX) with a size of US$2.2b, do not attract as much attention from the investing community as do the small-caps and large-caps. … Don’t forget that this is a general and concentrated examination of Stitch Fix's financial health, so you should conduct further analysis.

Simply Wall St -

Does Stitch Fix, Inc. (NASDAQ:SFIX) Create Value For Shareholders?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Another way to think of that is that for every $1 worth of equity in the company, it was able to earn $0.13. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Are Stitch Fix, Inc.'s (NASDAQ:SFIX) Interest Costs Too High?

(NASDAQ:SFIX), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is SFIX growing fast enough to value financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

Did Stitch Fix Inc (NASDAQ:SFIX) Insiders Sell Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So before you buy or sell Stitch Fix Inc (NASDAQ:SFIX), you may well want to know whether insiders have been buying or selling. … So we know that an insider sold shares at around the present share price of US$26.37.

Simply Wall St -

Has Stitch Fix Inc (NASDAQ:SFIX) Got Enough Cash?

Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Stitch Fix Inc (NASDAQ:SFIX) with a market-capitalization of US$2.7b, rarely draw their attention. … Let’s take a look at SFIX’s debt concentration and assess their financial liquidity to get an idea of their ability to fund strategic acquisitions and grow through cyclical pressures. … Don’t forget that this is a general and concentrated examination of Stitch Fix's financial health, so you should conduct further analysis.

Simply Wall St -

Should You Sell When Stitch Fix Inc's (NASDAQ:SFIX) Insiders Do?

Stitch Fix's insiders have divested from. … Generally, insiders selling shares in their own firm sends a bearish signal … A two-decade research published in The MIT Press (1998) showed that stocks following insider selling declined 2.7% relative to the market

Simply Wall St -

Have Investors Priced In Stitch Fix Inc's (NASDAQ:SFIX) Growth?

Looking at Stitch Fix Inc’s (NASDAQ:SFIX) fundamentals some investors are wondering if its last closing price of $25.85 represents a good value for money for this high growth stock. … Let’s take a look at some key metrics to determine whether there's any value here for current and potential future investors. … Stitch Fix's growth potential is very attractive

Simply Wall St -

How Did Stitch Fix Inc's (NASDAQ:SFIX) 1.13% ROE Fare Against The Industry?

See our latest analysis for Stitch Fix What you must know about ROE Return on Equity (ROE) weighs Stitch Fix’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is assessed against cost of equity, which is measured using the Capital Asset Pricing Model (CAPM) – but let’s not dive into the details of that today. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NasdaqGS:SFIX Last Perf Jun 7th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

Simply Wall St -

Want To Invest In Stitch Fix Inc (NASDAQ:SFIX)? Here's How It Performed Lately

The two benchmarks I used were Stitch Fix's average earnings over the past couple of years, and its industry performance. … NasdaqGS:SFIX Income Statement Mar 12th 18 We can further analyze Stitch Fix's loss by looking at what the industry has been experiencing over the past few years. … Eyeballing growth from a sector-level, the US online retail industry has been growing its average earnings by double-digit 44.43% in the previous twelve months, and 16.00% over the past five years.

Simply Wall St -

Stitch Fix Inc's (NASDAQ:SFIX) Profit Outlook

I’ve put together a brief outline of industry analyst expectations for SFIX, its year of breakeven and its implied growth rate. … How fast will SFIX have to grow each year in order to reach the breakeven point by 2018? … One thing I’d like to point out is that SFIX has no debt on its balance sheet, which is rare for a loss-making loss-making, growth company, which typically has high debt relative to its equity.

Simply Wall St -

Company Info

Map
Description

Stitch Fix, Inc. sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags for men, women, and kids under the Stitch Fix brand. The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc. in October 2011. Stitch Fix, Inc. was founded in 2011 and is headquartered in San Francisco, California.

Details
Name: Stitch Fix, Inc.
SFIX
Exchange: NasdaqGS
Founded: 2011
$2,359,050,315
99,537,988
Website: http://www.stitchfix.com
Address: Stitch Fix, Inc.
1 Montgomery Street,
Suite 1500,
San Francisco,
California, 94104,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SFIX Class A Common Stock Nasdaq Global Select US USD 17. Nov 2017
LSE 0L9X Class A Common Stock London Stock Exchange GB USD 17. Nov 2017
Number of employees
Current staff
Staff numbers
6,600
Stitch Fix employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/14 01:19
End of day share price update: 2019/02/13 00:00
Last estimates confirmation: 2019/01/05
Last earnings filing: 2018/12/11
Last earnings reported: 2018/10/27
Last annual earnings reported: 2018/07/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.