Stitch Fix Inc. reported a loss of $8.58 million for the fourth quarter, with earnings at -$0.07 per share, an improvement from last year’s loss of $35.74 million or -$0.29 per share. The company’s revenue dropped 2.6% to $311.23 million compared to $319.55 million in the same period last year. The company’s GAAP earnings showed a loss of $8.58 million, EPS of -$0.07, and revenue of $311.23 million. The company provided guidance for the next quarter with revenue expected to be in the range of $333 million to $338 million.
Read more at Nasdaq: Stitch Fix Inc. Q4 Loss Decreases
