earnings
confidence high
sentiment neutral
materiality 0.75
Stitch Fix Q1 revenue $581M (+19% YoY); Q2 guidance $505M-$520M implies slowdown
Stitch Fix, Inc.
2022-Q1 EPS reported
-$0.02
revenue$581,244,000
- Net revenue $581.2M (+19% YoY), net loss $1.8M ($0.02 loss per share), adjusted EBITDA $38.2M.
- Active clients 4.18M (+11% YoY), net revenue per active client $524 (+12% YoY) a record.
- Q2 FY2022 guidance: net revenue $505M-$520M (0-3% YoY growth), adjusted EBITDA -$5M to $5M.
- Full-year FY2022: high single-digit revenue growth, adjusted EBITDA margin 1-2%.
- Added 20+ brands (Adidas, DKNY); Freestyle expanded; gross margins at all-time high.