Stitch Fix shares whipsaw on earnings beat

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

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.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

One 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.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

McDonald'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,
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »