Stitch Fix shares rocket 27% higher after quarterly sales shatter expectations

United States News News

Stitch Fix shares rocket 27% higher after quarterly sales shatter expectations
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Stitch Fix's earnings report beat on the top and bottom lines. The company also raised its forward earnings guidance.

Shares of online personal style company Stitch Fix soared as much as 27% on Thursday after the company beat Wall Street sales estimates. Watch Stitch Fix trade live. Stitch Fix, the online personal style company, beat expectations for revenue and earnings in the third quarter. The firm also raised its revenue outlook for 2019. The report sent shares soaring as much as 27%, although the stock pared gains slightly in the afternoon, trading roughly 15% higher as of 1:45 p.m. ET.

Shares of online personal style company Stitch Fix soared as much as 27% on Thursday after the company beat Wall Street sales estimates. Watch Stitch Fix trade live. Stitch Fix, the online personal style company, beat expectations for revenue and earnings in the third quarter. The firm also raised its revenue outlook for 2019. The report sent shares soaring as much as 27%, although the stock pared gains slightly in the afternoon, trading roughly 15% higher as of 1:45 p.m. ET.

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:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

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

Stocks making the biggest moves after hours: Cloudera, Stitch Fix, Five Below and moreStocks making the biggest moves after hours: Cloudera, Stitch Fix, Five Below and moreSee which stocks are posting big moves after the bell on Wednesday. June 5.
Read more »

Inside the Effort to Fix the Troubled Boeing 737 MAXInside the Effort to Fix the Troubled Boeing 737 MAXAn exclusive look inside a Boeing flight simulator with two American Airlines pilots trying to help correct the software flaw that likely led to two crashes.
Read more »

The U.S. Navy-Coast Guard Partnership Is Heading For Trouble: Here's How To Fix ItThe U.S. Navy-Coast Guard Partnership Is Heading For Trouble: Here's How To Fix ItThe Defense Department has been leaning more heavily on the U.S. Coast Guard to address national security threats as far afield as the Persian Gulf and the Taiwan Straits, but that's straining the Coast Guard's abilities to perform its missions in home waters.
Read more »

Procrastination isn't a time management problem. It's an emotional problem — and this is the research-backed solutionProcrastination isn't a time management problem. It's an emotional problem — and this is the research-backed solutionThis solution isn't forcing yourself to do something you hate; it's about managing your emotions so they don't get hijacked by your inner critic.
Read more »



Render Time: 2025-02-24 13:47:21