secwatch.observer — SEC 8-K summary
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Issuer:     Stitch Fix, Inc. (SFIX)
CIK:        0001576942
Form:       8-K
Filed at:   2022-03-08T23:59:59+00:00
Accession:  0001576942-22-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stitch Fix Q2 net rev +3% to $517M; lowers FY rev outlook, withdraws EBITDA view
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- Net revenue $516.7M (+3% YoY); net loss $30.9M, diluted EPS -$0.28; adjusted EBITDA $10.1M.
- Active clients 4.019M (+4% YoY); RPAC record $549 (+18% YoY).
- Freestyle revenue grew 29% YoY, but onboarding and conversion challenges noted.
- Q3 guidance: net rev $485-500M (-7 to -10% YoY), adj EBITDA loss $30-25M (negative margin).
- Full year FY2022 revenue outlook lowered to flat/slightly down YoY; prior FY adj EBITDA outlook withdrawn.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576942/000157694222000011/0001576942-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576942/000157694222000011/sfix-20220308.htm
  HTML page:      https://secwatch.observer/filing/0001576942-22-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer