Despite topping its earnings estimates on Tuesday, shares of Stitch Fix were falling after the company cut its forecast. The share price drop occurred despite the retailer reporting a narrower than expected fiscal first quarter loss and beat analysts’ sales expectations. Wall Street was more concerned with the company slashing its revenue outlook for the … Continue reading “Stitch Fix Shares Crumble as Company Cuts Forecast”
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Hot Stocks
Stitch Fix is Letting Go of 1,400 Employees in This State
According to Wall Street Journal report, online personal styling service Stitch Fix announced on Monday…
June 2, 2020
Hot Stocks
Stitch Fix Shares Drop Despite Beating on Earnings
Shares of Stitch Fix, an online personal styling service in the United States, were falling…
October 2, 2019