Stitch Fix Management
Management criteria checks 3/4
Stitch Fix's CEO is Matt Baer, appointed in Jun 2023, has a tenure of 1.5 years. total yearly compensation is $1.46M, comprised of 58.1% salary and 41.9% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth $6.05M. The average tenure of the management team and the board of directors is 1.6 years and 4 years respectively.
Key information
Matt Baer
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 58.1% |
| CEO tenure | 1.5yrs |
| CEO ownership | 1.1% |
| Management average tenure | 1.6yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Stitch Fix Earnings: A Strong Quarter, But Risks Remain (Rating Upgrade)
Dec 11Stitch Fix, Inc. (NASDAQ:SFIX) Stock Rockets 64% As Investors Are Less Pessimistic Than Expected
Nov 27
Stitch Fix: Never-Ending Declines (Rating Downgrade)
Oct 25More Unpleasant Surprises Could Be In Store For Stitch Fix, Inc.'s (NASDAQ:SFIX) Shares After Tumbling 30%
Oct 13Stitch Fix: Another Major Disappointment
Sep 25Stitch Fix: Operational Efficiencies Not Enough To Stop Revenue Decline
Sep 03Stitch Fix, Inc. (NASDAQ:SFIX) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Aug 28When Should You Buy Stitch Fix, Inc. (NASDAQ:SFIX)?
Jul 30Stitch Fix: Ride The Transformation Higher
Jul 26Stitch Fix: Short Term Pop Won't Fix Longer Term Issues
Jul 07Revenues Not Telling The Story For Stitch Fix, Inc. (NASDAQ:SFIX) After Shares Rise 66%
Jul 03Stitch Fix Earnings: Fixed Up? I Don't Think So
Jun 05Stitch Fix, Inc.'s (NASDAQ:SFIX) Share Price Not Quite Adding Up
May 14Stitch Fix: Retention Strategies May Prove Costly (Rating Downgrade)
Apr 21Are Investors Undervaluing Stitch Fix, Inc. (NASDAQ:SFIX) By 46%?
Apr 02Stitch Fix's Model Needs Improvements
Mar 16Stitch Fix, Inc. (NASDAQ:SFIX) Just Reported, And Analysts Assigned A US$3.42 Price Target
Mar 07Stitch Fix Plunges On Disappointing Results
Mar 05Stitch Fix, Inc.'s (NASDAQ:SFIX) Shares May Have Run Too Fast Too Soon
Feb 12Stitch Fix: Declining Active Clients Leading To Revenue Drop
Feb 06Stitch Fix Continues To Lose Customers, But Profitability Is Hanging On
Jan 16Is There An Opportunity With Stitch Fix, Inc.'s (NASDAQ:SFIX) 40% Undervaluation?
Sep 30Companies Like Stitch Fix (NASDAQ:SFIX) Can Afford To Invest In Growth
Aug 11Stitch Fix (NASDAQ:SFIX) Is In A Good Position To Deliver On Growth Plans
May 04Is Stitch Fix (NASDAQ:SFIX) In A Good Position To Deliver On Growth Plans?
Jan 12What Is Stitch Fix, Inc.'s (NASDAQ:SFIX) Share Price Doing?
Nov 13Is Stitch Fix, Inc. (NASDAQ:SFIX) Trading At A 34% Discount?
Oct 17Stitch Fix, Inc. (NASDAQ:SFIX) Analysts Just Cut Their EPS Forecasts Substantially
Sep 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 02 2024 | n/a | n/a | -US$99m |
| Aug 03 2024 | US$1m | US$851k | -US$119m |
| Apr 27 2024 | n/a | n/a | -US$125m |
| Jan 27 2024 | n/a | n/a | -US$122m |
| Oct 28 2023 | n/a | n/a | -US$128m |
| Jul 29 2023 | US$10m | US$65k | -US$150m |
Compensation vs Market: Matt's total compensation ($USD1.46M) is below average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
CEO
Matt Baer (42 yo)
1.5yrs
Tenure
US$1,464,928
Compensation
Mr. Matthew Baer, also known as Matt, is Chief Executive Officer at Stitch Fix Inc. from June 26, 2023 and serves as Director since June 2023. He served as Chief Digital & Customer Officer of Macy's Inc. f...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.5yrs | US$1.46m | 1.15% $ 6.0m | |
| Chief Financial Officer | 1.7yrs | US$724.50k | 0.81% $ 4.2m | |
| Chief Product & Technology Officer | 1.1yrs | US$5.87m | 0.063% $ 332.9k | |
| Chief Legal Officer & Corporate Secretary | 2.1yrs | US$2.40m | 0.51% $ 2.7m | |
| Founder & Executive Chairperson | 13.8yrs | US$476.11k | 6.56% $ 34.5m | |
| Senior Director of Investor Relations & Treasury | no data | no data | no data | |
| Vice President of Communications | less than a year | no data | no data | |
| Chief Marketing Officer | 2.6yrs | no data | no data | |
| Chief People Officer | less than a year | no data | no data |
1.6yrs
Average Tenure
42.5yo
Average Age
Experienced Management: SFIX's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.5yrs | US$1.46m | 1.15% $ 6.0m | |
| Founder & Executive Chairperson | 13.8yrs | US$476.11k | 6.56% $ 34.5m | |
| Independent Director | 11.3yrs | no data | 1.75% $ 9.2m | |
| Lead Independent Director | 8.1yrs | US$391.86k | 0.053% $ 276.6k | |
| Director | less than a year | no data | 0.0053% $ 28.1k | |
| Independent Director | 5.9yrs | US$381.86k | 0.058% $ 305.0k | |
| Director | less than a year | no data | 0.0053% $ 28.1k | |
| Independent Director | 2yrs | US$364.36k | 0.048% $ 250.5k |
4.0yrs
Average Tenure
50.5yo
Average Age
Experienced Board: SFIX's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 08:57 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/08/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Stitch Fix, Inc. is covered by 28 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Trevor Young | Barclays |
| Ross Sandler | Barclays |
| Simeon Siegel | BMO Capital Markets Equity Research |