secwatch.observer — SEC 8-K summary
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Issuer:     Stitch Fix, Inc. (SFIX)
CIK:        0001576942
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001576942-24-000014
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stitch Fix Q2 revenue falls 18% to $330.4M; active clients down 17% YoY
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- Net revenue $330.4M (-18% YoY); GAAP net loss $35.0M ($0.29 loss per share).
- Active clients 2.805M, down 6% QoQ and 17% YoY; RPAC $515, down 3% YoY.
- Adjusted EBITDA $4.4M (positive); Q3 guidance revenue $300-310M, adjusted EBITDA -$5M to $0M.
- Full-year FY2024 revenue guidance $1.29-1.32B (down ~19%); adjusted EBITDA $10-20M.
- UK operations discontinued; all results reflect continuing operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576942/000157694224000014/0001576942-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576942/000157694224000014/sfix-20240304.htm
  HTML page:      https://secwatch.observer/filing/0001576942-24-000014

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