Stitch Fix stock climbs more than 14% after earnings beat

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Stitch Fix stock soars after earnings top estimates

Stitch Fix Inc. SFIX, +4.98% shares surged more than 14% in the extended session Monday after the subscription clothing service beat Wall Street earnings and sales expectations. The company reported fiscal second-quarter net income of $12 million, or 12 cents a share, compared with $1.7 million, or 2 cents a share, in the year-ago period. Revenue rose to $370.3 million from $295.9 million in the year-ago period.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stitch Fix stock soars 20% after earnings beat
Source: CNBC - 🏆 12. / 72 Read more »

Why Bezos and Microsoft are betting on this $10 trillion energy fix for the planetJeff Bezos and others have sunk more than $127 million into General Fusion, a start-up trying to commercialize fusion energy. Microsoft is partnering with the company. The goal: to provide energy to 1 billion people that don't have electricity. EETech Cheaper & More Efficient.
Source: CNBC - 🏆 12. / 72 Read more »