Stitch Fix, Inc. reported third quarter of fiscal 2026 ended May 2, 2026 results: revenue $340.3 million, net income Net loss of $1.5 million, EPS diluted loss per share of $0.01. Guidance lowered.
“for apparel, footwear and accessories, as well as navigate today’s dynamic consumer environment.” Third Quarter Fiscal 2026 Key Metrics and Financial Highlights • Net revenue of $340.3 million, an increase of 4.7% year-over-year. • Active clients of 2.309 million, an increase of 0.9% quarter-over-quarter and a decrease of 1.9% year-over-year. • Net revenue per active”
Earnings Releases
Stitch Fix, Inc. reported fiscal year 2026 results: revenue $1.330 billion - $1.350 billion.
“Stitch Fix’s updated financial outlook for fiscal year 2026 is as follows: Fiscal Year 2026 Net Revenue $1.330 billion - $1.350 billion 5.0% - 6.5% YoY Adjusted EBITDA $42 million - $50 million 3.2% - 3.7% margin”
Earnings Releases
Stitch Fix, Inc. reported third quarter of fiscal 2026, ending May 2, 2026 results: revenue $330 million - $335 million.
“Stitch Fix’s financial outlook for the third quarter of fiscal 2026, ending May 2, 2026, is as follows: Q3 2026 Net Revenue $330 million - $335 million 1.5% - 3.1% YoY Adjusted EBITDA $7 million - $10 million 2.1% - 3.0% margin”
Earnings Releases
Stitch Fix, Inc. reported second quarter of fiscal 2026 ended January 31, 2026 results: revenue Net revenue of $341.3 million, net income Net loss of $2.7 million, EPS diluted loss per share of $0.02.
“Second Quarter Fiscal 2026 Key Metrics and Financial Highlights • Net revenue of $341.3 million, an increase of 9.4% year-over-year. • Active clients of 2.288 million, a decrease of 0.8% quarter-over-quarter and a decrease of 3.5% year-over-year. • Net revenue per active client of $577, an increase of 7.4% year-over-year. • Gross margin of 43.6%, a decrease of 90 basis points year-over-year. • Net loss of $2.7 million and net loss margin of 0.8%; diluted loss per share of $0.02.”
Material Agreements
Stitch Fix, Inc. amended First Amendment to First Lien Credit Agreement with Citibank, N.A. valued at Extension of maturity date from December 4, 2026 to December 11, 2028 (effective 2025-12-11).
“On December 11, 2025, Stitch Fix, Inc. (the “Company”) entered into the First Amendment (the “Amendment”) to the first lien credit agreement, dated as of December 4, 2023, by and between the Company, as borrower, and Citibank, N.A., as agent and lender (the “Credit Agreement”).”
Steve Anderson resigned as Director at Stitch Fix, Inc..
“Steve Anderson notified the Company of his decision to resign from the Company's Board, effective September 6, 2024.”
Fiona Tan was appointed as Class III Director at Stitch Fix, Inc..
“appointed Fiona Tan to the Board as a Class III director and as a member of the Audit Committee of the Board, effective October 14, 2024.”
Timothy Baxter was appointed as Class II Director at Stitch Fix, Inc..
“appointed Timothy Baxter to the Board as a Class II director and as a member of the Compensation Committee of the Board, effective October 14, 2024.”
Sarah Barkema resigned as Chief Accounting Officer at Stitch Fix, Inc..
“On August 19, 2024, Sarah Barkema, the Company’s Chief Accounting Officer, notified Stitch Fix, Inc. (the “Company”) of her decision to resign from the Company, effective September 13, 2024.”
Earnings Releases
Stitch Fix, Inc. reported the second quarter of fiscal 2024 ended January 27, 2024 results: revenue $330.4 million, net income Net loss from continuing operations of $35.0 million and diluted loss per share from continuing operations of $0.29, EPS $0.29. Guidance reaffirmed.
“amounts and disclosures below relate to our continuing operations. Second Quarter Fiscal 2024 Key Metrics and Financial Highlights • Net revenue from continuing operations of $330.4 million, a decrease of 18% year-over-year. • Active clients from continuing operations of 2,805,000, a decrease of 184,000, or 6%, quarter-over-quarter; and a decrease of 572,000, or”
Shareholder Votes
Stitch Fix, Inc. shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm at the 2023-12-12 meeting.
“Proposal 3. Stockholders ratified the selection by the Audit Committee of the Board of Directors of the Company of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 3, 2024. The voting results were as follows: Votes For Votes Against Abstentions 313,767,408 381,446 2,041,525”
Shareholder Votes
Stitch Fix, Inc. shareholders approved Advisory vote on executive compensation at the 2023-12-12 meeting.
“Proposal 2. Stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 281,644,220 19,700,571 1,717,635 13,127,953”
Neal Mohan resigned as Director at Stitch Fix, Inc..
“On December 13, 2023, Neal Mohan notified Stitch Fix, Inc. (the “Company”) of his decision to resign from the Company’s Board of Directors, effective December 15, 2023.”
Earnings Releases
Stitch Fix, Inc. reported second quarter of fiscal 2024 ending January 27, 2024 results: revenue Q2 2024 Net Revenue from Continuing Operations $325 million - $335 million. Guidance initiated.
“Our financial outlook for our continuing operations for the second quarter of fiscal 2024 ending January 27, 2024 is as follows: Q2 2024 Net Revenue from Continuing Operations $325 million - $335 million (19)% - (16)% YoY decline Adjusted EBITDA from Continuing Operations $2 million - $7 million 1% - 2% margin”
Earnings Releases
Stitch Fix, Inc. reported first quarter of fiscal 2024 ended October 28, 2023 results: revenue Net revenue from continuing operations of $364.8 million, net income Net loss from continuing operations of $26.2 million, EPS diluted loss per share from continuing operations of $0.22.
“amounts and disclosures below relate to our continuing operations. First Quarter Fiscal 2024 Key Metrics and Financial Highlights • Net revenue from continuing operations of $364.8 million, a decrease of 18% year-over-year, but at the higher end of our first quarter 2024 guidance range. • Net loss from continuing operations of $26.2 million and diluted loss per”
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.
“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”
Sachin Dhawan departed as Chief Technology Officer at Stitch Fix, Inc..
“Effective July 14, 2023, Sachin Dhawan left the position of Chief Technology Officer of Stitch Fix, Inc.”
Governance Changes
Stitch Fix, Inc.: Amended and Restated Bylaws to update advance notice provisions, reflect DGCL changes, and make technical updates (effective 2023-06-21).
“On June 21, 2023, the Board of Directors (the “Board”) of Stitch Fix, Inc. (the “Company”) approved amendments to the Company’s Amended and Restated Bylaws (the “Bylaws”), which became effective the same day.”
Matt Baer was appointed as Class III member of the Board at Stitch Fix, Inc..
“and appointed Mr. Baer to serve as a Class III member of the Board, each effective upon Mr. Baer’s appointment as Chief Executive Officer.”
Matt Baer was appointed as Chief Executive Officer at Stitch Fix, Inc..
“On June 14, 2023, Stitch Fix, Inc. (the “Company”) announced the hiring of Matt Baer as Chief Executive Officer of the Company, effective June 26, 2023.”
Earnings Releases
Stitch Fix, Inc. reported third quarter of fiscal year 2023 ended April 29, 2023 results: revenue $394.9 million, net income Net loss of $21.8 million, EPS diluted loss per share of $0.19.
“to return us to profitable growth while realizing our mission to help our clients look and feel their best.” Third Quarter Key Metrics and Financial Highlights • Net revenue of $394.9 million, a decrease of 20% year over year • Active clients of 3,476,000, a decrease of 431,000 or 11% year over year • Net revenue per active client (RPAC) of $502, a decrease of 9% year”
Restructurings & Charges
Stitch Fix, Inc. announced a restructuring with charges of between $7 million and $10 million affecting fulfillment centers in Bethlehem, Pennsylvania and Dallas, Texas.
“As a result of the intended Bethlehem and Dallas Closures, the Company estimates that it will incur between $7 million and $10 million in cash restructuring charges consisting of approximately $5 million to $7 million for separation-related payments, benefits, and related taxes, and $2 million to $3 million for transportation and other closure costs to redistribute inventory to other fulfillment centers.”
David Aufderhaar was appointed as Chief Financial Officer at Stitch Fix, Inc..
“In connection with the previously disclosed appointment of David Aufderhaar as the Chief Financial Officer of Stitch Fix, Inc. (the “Company”), which became effective April 3, 2023”
Mikkel Svane resigned as Director at Stitch Fix, Inc..
“On March 20, 2023, Mikkel Svane notified Stitch Fix, Inc. (the “Company”) of his resignation from the Company’s Board of Directors, effective immediately.”
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.
“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%”
David Aufderhaar was appointed as Chief Financial Officer at Stitch Fix, Inc..
“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.”
Dan Jedda resigned as Chief Financial Officer at Stitch Fix, Inc..
“On March 1, 2023, Dan Jedda, Chief Financial Officer of Stitch Fix, Inc. (the “Company”), gave notice of his resignation, effective April 3, 2023.”
Restructurings & Charges
Stitch Fix, Inc. announced a restructuring with charges of between $15 million and $20 million (approximately 6% of the Company’s current employee workforce, including approximately 20% of employees in salaried posit).
“As a result of the January 2023 Reduction in Force, the Company estimates that it will incur between $15 million and $20 million in cash restructuring charges for separation-related payments, benefits, and related taxes.”
Katrina Lake was appointed as Chief Executive Officer at Stitch Fix, Inc..
“the Board of Directors appointed Katrina Lake, the Company’s Founder and Executive Chairperson of the Board of Directors, as Chief Executive Officer, effective January 5, 2023, to serve in an interim capacity”
Elizabeth Spaulding departed as Chief Executive Officer at Stitch Fix, Inc..
“the Company and Elizabeth Spaulding, the Company’s Chief Executive Officer, agreed that she would step down from her employment with the Company and from the Board of Directors, effective January 5, 2023.”
Kofi Amoo-Gottfried was appointed as Class II director at Stitch Fix, Inc..
“On December 19, 2022, the Board of Directors (the “Board”) of Stitch Fix, Inc. (the “Company”) appointed Kofi Amoo-Gottfried to the Board as a Class II director and as a member of the Nominating and Corporate Governance Committee of the Board effective December 19, 2022.”
Shareholder Votes
Stitch Fix, Inc. shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm at the 2022-12-13 meeting.
“Stockholders ratified the selection by the Audit Committee of the Board of Directors of the Company of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending July 29, 2023.”
Shareholder Votes
Stitch Fix, Inc. shareholders approved Advisory vote on executive compensation at the 2022-12-13 meeting.
“Stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers.”
Shareholder Votes
Stitch Fix, Inc. shareholders approved Election of Class II directors at the 2022-12-13 meeting.
“Stockholders elected each of the two nominees for Class II directors to serve until the Company’s 2025 A nnual Meeting of Stockholders or until his respective successor has been duly elected and qualified.”
Earnings Releases
Stitch Fix, Inc. reported the first quarter of fiscal year 2023 ended October 29, 2022 results: revenue $455.6 million, net income Net loss of $55.9 million, EPS diluted loss per share of $0.50. Guidance raised.
“• Net revenue of $455.6 million, a decrease of 22% year over year • Active clients of 3,709,000, a decrease of 471,000 or 11% year over year • Net revenue per active client (RPAC) of $525, approximately flat year over year • Net loss of $55.9 million and diluted loss per share of $0.50 • Adjusted EBITDA loss of $7.4 million”
Mike Smith departed as Director at Stitch Fix, Inc..
“On October 7, 2022, Mike Smith notified Stitch Fix, Inc. (the “Company”) of his decision to retire from the Company’s Board of Directors, effective upon the completion of his current term at the time of the Company’s 2022 Annual Meeting of Shareholders.”
Casey O'Connor was appointed as Chief Legal Officer at Stitch Fix, Inc..
“Casey O’Connor, the Company’s current Deputy General Counsel, will be succeeding Mr. Darling as Chief Legal Officer of the Company, effective November 30, 2022.”
Scott Darling resigned as Chief Legal Officer at Stitch Fix, Inc..
“On September 29, 2022, Scott Darling, Chief Legal Officer of Stitch Fix, Inc. (the “Company”), announced his intention to resign from the Company, effective November 30, 2022.”
Kirsten Lynch resigned as Director at Stitch Fix, Inc..
“On April 13, 2022, Kirsten Lynch notified Stitch Fix, Inc. (the “Company”) of her resignation from the Company’s Board of Directors, effective May 13, 2022.”
Marka Hansen resigned as Director at Stitch Fix, Inc..
“On December 20, 2021, Marka Hansen notified Stitch Fix, Inc. (the “Company”) of her resignation from the Company’s Board of Directors, effective January 1, 2022.”
Sarah Barkema was appointed as Vice President, Chief Accounting Officer at Stitch Fix, Inc..
“On November 15, 2021, the Board of Directors of Stitch Fix, Inc. (the “Company”) appointed Sarah Barkema, age 39, as the Company’s principal accounting officer, effective immediately.”
Elizabeth Spaulding was appointed as Chief Executive Officer at Stitch Fix, Inc..
“Ms. Spaulding has been appointed Chief Executive Officer of the Company, also effective August 1, 2021.”
Elizabeth Spaulding was appointed as Director at Stitch Fix, Inc..
“On July 28, 2021, the Board of Directors (the “Board”) of Stitch Fix, Inc. (the “Company”) increased the authorized number of directors on the Board from ten (10) to eleven (11) and appointed Elizabeth Spaulding to serve as a member of the Board, each effective August 1, 2021, to fill the vacancy.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.