Stitch Fix Full Year 2024 Earnings: EPS Misses Expectations

Stitch Fix (NASDAQ:SFIX) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.34b (down 16% from FY 2023).
• Net loss: US$118.9m (loss narrowed by 21% from FY 2023).
• US$0.99 loss per share (improved from US$1.31 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Stitch Fix EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%.

Looking ahead, revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Specialty Retail industry in the US are expected to grow by 4.8%.

Performance of the American Specialty Retail industry.

The company's shares are down 39% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Stitch Fix (at least 1 which doesn't sit too well with us), and understanding these should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.