Stitch Fix shares whipsaw on earnings beat

Belgique Nouvelles Nouvelles

Stitch Fix shares whipsaw on earnings beat
Belgique Dernières Nouvelles,Belgique Actualités

Stitch Fix's active client base grew 18% year over year, reaching 3.2 million people, the company said when it reported earnings after the bell on Tuesday.

David Paul Morris | Bloomberg | Getty Images's active client base grew 18% year over year, reaching 3.2 million people, the company said when it reported earnings after the bell on Tuesday.

Its shares initially tanked as much as 12% in after-hours trading following the release. The stock was recently up about 2.5%. Here's how Stitch Fix did during its fiscal fourth quarter compared with what analysts were expecting, based on data pulled from Refinitiv:"These gains are a testament to the strength of our data science capabilities," CEO Katrina Lake said in a statement.This is a developing story. Please check back for updates.

 

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

One chart suggests earnings growth is about to popOne chart suggests earnings growth is about to popEarnings season is at our doorstep, and Jim Paulsen, chief investment strategist at The Leuthold Group, sees a big improvement around the corner. TradingNation One (1) chart . My chart , made with a Sharpie, says different. But I don’t have an infomercial channel to spread my 2 cents.
Lire la suite »

McDonald's slides after JP Morgan analyst says chain's earnings seem 'softer' than expectedMcDonald's slides after JP Morgan analyst says chain's earnings seem 'softer' than expectedMcDonald's shares slid more 2% on Tuesday after an analyst at J.P. Morgan raised concern about the fast-food chain's third-quarter results. McDonald's stock is WAY BETTER than JP Morgan. JPM's money is STUCK is China which the CCP has REFUSED to let them repatriate. McDonalds is a FRANCHISE around the world and it sells FOOD for consumption without which EVEN DOGS cannot live. Hey JP,
Lire la suite »



Render Time: 2025-01-10 20:44:40