---
schema_version: "secwatch.filing_event.v1"
accession: "0001576942-23-000017"
form_type: "8-K"
ticker: "SFIX"
cik: "0001576942"
company_name: "Stitch Fix, Inc."
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T09:44:57.690141+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Stitch Fix Q2 revenue down 20% to $412.1M; CFO Dan Jedda resigns, replaced by David Aufderhaar

## Summary
- Net revenue $412.1M, down 20% YoY; active clients fell 11% to 3.574M.
- Net loss $65.6M ($0.58 diluted loss per share); adjusted EBITDA positive $3.8M.
- Raised FY23 adjusted EBITDA guidance to $0M-$10M, citing cost reduction progress.
- First quarter of positive free cash flow ($15.4M) since Q1 FY22.
- CFO Dan Jedda to step down April 3; succeeded by SVP Finance David Aufderhaar.

## SEC filing metadata
- accession: 0001576942-23-000017
- form_type: 8-K
- ticker: SFIX
- cik: 0001576942
- company_name: Stitch Fix, Inc.
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576942/000157694223000017/0001576942-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576942/000157694223000017/sfix-20230301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001576942-23-000017
- JSON: https://secwatch.observer/filing/0001576942-23-000017.json
- Plain text: https://secwatch.observer/filing/0001576942-23-000017.txt

## Key facts
- Earnings Releases
  Stitch Fix, Inc. reported second quarter of fiscal year 2023 ended January 28, 2023 results: revenue $412.1 million, net income $65.6 million, EPS $0.58. Guidance raised.
  - Period: second quarter of fiscal year 2023 ended January 28, 2023
  - Revenue: $412.1 million
  - Net income: $65.6 million
  - EPS: $0.58
  - Guidance: raised
  - Result: reported results
  source text: ensure that we’re attracting long-term clients to Stitch Fix and paving the way for a return to growth.” Second Quarter Key Metrics and Financial Highlights • Net revenue of $412.1 million, a decrease of 20% year over year • Active clients of 3,574,000, a decrease of 445,000 or 11% year over year • Net revenue per active client (RPAC) of $516, a decrease of 6.0%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576942/000157694223000017/0001576942-23-000017-index.htm
- Executive change
  Dan Jedda resigned as Chief Financial Officer at Stitch Fix, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On March 1, 2023, Dan Jedda, Chief Financial Officer of Stitch Fix, Inc. (the “Company”), gave notice of his resignation, effective April 3, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576942/000157694223000017/0001576942-23-000017-index.htm
- Executive change
  David Aufderhaar was appointed as Chief Financial Officer at Stitch Fix, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On March 3, 2023, the Board of Directors of the Company appointed David Aufderhaar, SVP, Finance, as the Company’s Chief Financial Officer, effective April 3, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576942/000157694223000017/0001576942-23-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.