Stitch Fix: Fiscal Q4 Earnings Snapshot – mySA

SAN FRANCISCO (AP) _ Stitch Fix Inc. (SFIX) on Tuesday reported a loss of $96.3 million in its fiscal fourth quarter.

The San Francisco-based company said it had a loss of 89 cents per share. Losses, adjusted for restructuring costs, came to 65 cents per share.

The results did not meet Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 60 cents per share.

The online clothing styling service posted revenue of $481.9 million in the period, also missing Street forecasts. Ten analysts surveyed by Zacks expected $489.4 million.

For the year, the company reported a loss of $207.1 million, or $1.90 per share. Revenue was reported as $2.07 billion.

For the current quarter ending in October, Stitch Fix said it expects revenue in the range of $455 million to $465 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFIX at https://www.zacks.com/ap/SFIX

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