Stitch Fix Stock Soars On Q2 Earnings Beat, Strong Revenue Guidance

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Stitch Fix Inc SFIX shares are surging in Tuesday’s after-hours session on the heels of the company’s fiscal second-quarter financial results. Here’s a rundown of the report.

Q2 Earnings: Stitch Fix reported fiscal second-quarter revenue of $312.1 million, beating analyst estimates of $298.04 million. The company reported a quarterly loss of five cents per share, beating estimates for a loss of 11 cents per share, according to Benzinga Pro.

Total revenue fell 5.5% on a year-over-year basis. Active clients declined 15.5% year-over-year and 2.6% quarter-over-quarter to 2.37 million. Net revenue per client increased 4.3% year-over-year to $537.

Free cash flow was negative $19.4 million in the quarter. The company ended the period with $229.8 million of cash, cash equivalents and investments.

“Our team delivered another strong quarter, once again exceeding our expectations as we further advanced our transformation strategy,” said Matt Baer, CEO of Stitch Fix.

“Our clients are responding to the improvements we’ve made to our experience, including the increased newness in our assortment, expanded Fix flexibility, and investments in stronger client-stylist relationships.”

Guidance: Stitch Fix expects fiscal third-quarter revenue to be in the range of $311 million to $316 million versus estimates of $278.68 million. The company sees full-year 2025 revenue of approximately $1.23 billion to $1.24 billion.

Stitch Fix executives will further discuss the quarter on a conference call with investors and analysts at 5 p.m. ET.

SFIX Price Action: Stitch Fix shares were up 19.39% after hours, trading at $5.05 at the time of publication Tuesday, according to Benzinga Pro.

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Photo: Shutterstock.

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SFIXStitch Fix Inc
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