Stitch Fix, Inc. provides clothing and accessories in the United States. It offers women's, men's, kids, petite, maternity, and plus apparel, along with shoes and personal styling services through its website and mobile app. Products include denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc. in October 2011; it was incorporated in 2011 and is headquartered in San Francisco, California.
VF Corp Q2 Revenue Beats Estimates but EPS Miss Sends Shares Down 22.5%
VF Corp reported second-quarter revenues of $1.67 billion, up 1.3% year on year and 2% above analysts' expectations, but the owner of The North Face, Vans, and Supreme missed analysts' EPS estimates significantly, sending its stock down 22.5% since reporting to a current price of $14.15. The results came as the 15 consumer discretionary apparel and accessories stocks tracked in the group delivered a mixed quarter, with revenues as a group beating consensus by 1.2% while next quarter's revenue guidance came in 4.7% below estimates, and share prices across the group down an average of 17.1% since the latest earnings results. Figs posted the group's best quarter, with revenues of $196.6 million, up 28.8% year on year and 5.6% above expectations, alongside beats on EPS and EBITDA, lifting its stock 18.2% to $13.29. Stitch Fix had the weakest quarter, reporting revenues of $324.4 million, up 4.2% and in line with expectations, but delivering the group's weakest guidance update with full-year EBITDA guidance missing significantly, leaving its stock down 23.8% at $2.17. Movado reported revenues of $169.8 million, up 4.9% and 3.4% above expectations, with a beat on EPS, while Levi's posted revenues of $1.56 billion, up 8% and 2.9% above expectations, with an EPS beat but full-year EPS guidance slightly missing, and its stock is down 19.2% at $19.69.
Stitch Fix Posts Sixth Straight Quarter of Revenue Growth as Client Base Shrinks
Stitch Fix reported its sixth consecutive quarter of positive revenue growth on September 23, 2026, with fourth-quarter revenue up 4.2% year over year to $324.4 million and full fiscal year revenue of $1.35 billion, up 6.4%. The growth came despite a 1.4% decline in active clients to 2.277 million, as revenue per active client hit a record $592, up 7.8%, and average order value rose 4.9%. Full-year gross margin slipped 70 basis points to 43.7% on freight rates and tariffs, and the company posted a net loss of $12.6 million for the year. Guidance for fiscal 2027 calls for revenue of $1.31 billion to $1.36 billion, with first-quarter revenue guided down 4.1% to 5.6%, while management plans to raise advertising spend to 10% to 11% of revenue from 9.9%. Hedge fund ownership slipped from 25 funds to 23, and short interest sits at 14.08% of the float.
Darden Falls on 1Q Profit Slip; Stitch Fix Tumbles on Weak 2027 Ebitda Forecast
Darden Restaurants shares fell after the company reported first quarter results showing higher sales but lower profits and increased expenses. MGM Resorts shares declined after Barry Diller's People Inc. dropped its plans to acquire the rest of the casino giant. Stitch Fix shares dropped after the online personal styling platform forecast full-year 2027 Ebitda far below what analysts expected, and reported a loss per share from continuing operations of 2.0c for the fourth quarter.
Stitch Fix Reports Debt-Free Balance Sheet and Strong Cash Position
Stitch Fix maintains a debt-free balance sheet with $229.4 million in cash, cash equivalents and investments at the end of the third quarter of fiscal 2026, reinforcing its financial strength. The company generated $11.8 million in operating cash flow and $6.5 million in free cash flow during the quarter, and repurchased 4.5 million shares for $15.1 million under its existing authorization, with nearly $105 million still available for future buybacks. Management expects to remain free cash flow positive for fiscal 2026 and projects adjusted EBITDA of $49 million to $52 million. The debt-free position provides flexibility to fund strategic initiatives including AI-driven personalization and client acquisition without interest obligations.
Stitch Fix Reports Record Revenue Per Active Client in Fiscal Q3
Stitch Fix achieved a record revenue per active client of $578 in the third quarter of fiscal 2026, up 6.6% year over year and marking the ninth consecutive quarter of growth. The increase was driven by higher average order values and greater purchasing activity, with fixed average order value rising for the 11th straight quarter. The company raised its full-year revenue outlook to between $1.346 billion and $1.351 billion, implying year-over-year growth of 6.2% to 6.6%. Management attributed the gains to expanded merchandise assortment, including more private and national brands, and AI-powered personalization tools like the Stitch Fix Vision platform, which more than doubled Freestyle spending among users over 90 days.
Tapestry Leads Apparel Stocks in Q1 with 21.2% Revenue Jump
Tapestry reported first-quarter revenues of $1.92 billion, up 21.2% year on year and beating analyst estimates by 7.6%, making it the standout performer among 15 tracked consumer discretionary apparel and accessories stocks. The group as a whole exceeded revenue consensus by 1.6% and issued in-line guidance for the next quarter, with share prices up an average 4.9% since reporting. Movado posted the best stock reaction, rising 25.4% after revenues of $142.4 million beat by 5.4%, while Under Armour was the weakest, with flat revenues of $1.17 billion and a 6.7% share decline following disappointing EPS guidance. Stitch Fix and G-III also beat estimates, with Stitch Fix reporting $340.3 million in revenue and G-III reporting $536 million, though G-III's revenue fell 8.2% year on year.
Stitch Fix AI Tools Drive Over 100% Freestyle Spending Lift
Stitch Fix reported that clients using its AI-powered Vision platform generated more than a 100% increase in Freestyle spending over a 90-day period, highlighting how personalization is deepening engagement. Revenue per active client reached a record $578 in the fiscal third quarter, up 6.6% year over year, while total revenue rose 4.7% to $340.3 million, beating the Zacks Consensus Estimate of $333 million. The adjusted loss of 1 cent per share was narrower than the expected loss of 6 cents. Active clients declined 1.9% year over year to 2.309 million, but the Fix average order value increased for the 11th straight quarter, driven by higher items per Fix and broader adoption of larger Fix offerings. Category expansion also contributed, with women's activewear and athleisure growing about 50% year over year and men's delivering double-digit growth for the fourth straight quarter.
Stitch Fix and PVH Shares Fall After Fed Dot Plot Signals Possible Rate Hike
Shares of Stitch Fix and PVH fell in afternoon trading after the Federal Reserve held rates at 3.5% to 3.75% but revised its dot plot to suggest the next move could be a hike rather than a cut. Stitch Fix dropped 7.7% and PVH declined 4.5% as the shift undercut the consumer spending recovery that consumer discretionary brands had been pricing in. Clothing is a deferrable purchase, and consumers facing credit card or buy-now-pay-later obligations now confront the prospect of higher borrowing costs, while inflation at 4.2% already erodes purchasing power. Investors had been warming to the consumer recovery story, but the FOMC outcome puts that thesis back under review.
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