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.
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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.
Source: CNBC - 🏆 12. / 72 Read more »
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,
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