---
schema_version: "secwatch.filing_event.v1"
accession: "0001576942-23-000105"
form_type: "8-K"
ticker: "SFIX"
cik: "0001576942"
company_name: "Stitch Fix, Inc."
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T14:46:28.505838+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stitch Fix reports Q4 FY2023 revenue down 22% YoY; UK exit announced, guidance for FY2024 US business

## Summary
- Q4 revenue $375.8M (-22% YoY); net loss $28.7M ($0.24 diluted EPS); adjusted EBITDA $10.4M.
- Full year active clients 3.297M (-13% YoY); net revenue per active client $497 (-9% YoY).
- Full year net loss $172M ($1.50 diluted EPS); adjusted EBITDA $16.8M; free cash flow $38.8M.
- Exiting UK operations; expects UK as discontinued ops in Q1 FY2024; Q1 FY2024 US revenue guidance $355-365M.
- FY2024 US revenue guidance $1.30-1.37B (down 14-18% YoY), adjusted EBITDA $5-30M (0-2% margin).

## SEC filing metadata
- accession: 0001576942-23-000105
- form_type: 8-K
- ticker: SFIX
- cik: 0001576942
- company_name: Stitch Fix, Inc.
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576942/000157694223000105/0001576942-23-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576942/000157694223000105/sfix-20230918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001576942-23-000105
- JSON: https://secwatch.observer/filing/0001576942-23-000105.json
- Plain text: https://secwatch.observer/filing/0001576942-23-000105.txt

## Key facts
- Earnings Releases
  Stitch Fix, Inc. reported fourth quarter and full year of fiscal 2023 ended July 29, 2023 results: revenue $375.8 million, net income Net loss of $28.7 million and diluted loss per share of $0.24, EPS $0.24. Guidance initiated.
  - Period: fourth quarter and full year of fiscal 2023 ended July 29, 2023
  - Revenue: $375.8 million
  - Net income: Net loss of $28.7 million and diluted loss per share of $0.24
  - EPS: $0.24
  - Guidance: initiated
  - Result: reported results
  source text: to realizing the full potential of Stitch Fix and driving long-term, profitable growth.” Fourth Quarter Fiscal 2023 Key Metrics and Financial Highlights • Net revenue of $375.8 million, a decrease of 22% year-over-year • Net loss of $28.7 million and diluted loss per share of $0.24 • Adjusted EBITDA of $10.4 million Full Year Fiscal 2023 Key Metrics and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576942/000157694223000105/0001576942-23-000105-index.htm

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