Stitch Fix Stock Falls After Q4 Results: Here's Why

Stitch Fix, Inc. (NASDAQ:SFIX) shares are trading lower after the company reported its fourth-quarter financial results after Tuesday's closing bell. Here's a look at the details from the report. 

The Details: Stitch Fix reported quarterly losses of 29 cents per share, which missed the analyst consensus estimate for losses of 19 cents. Quarterly revenue of $319.6 million beat the analyst consensus estimate of $318.5 million and is a 14.95% decrease from the same period last year.

“We are executing our transformation ...