Stitch Fix (NASDAQ: SFIX) saw a drop in its stock price after revealing its latest quarterly earnings. Despite an increase in net revenue and a decrease in net loss, concerns were raised about a key metric. The company reported a 4% year-over-year rise in net revenue to over $311 million, with a narrowed GAAP net loss of under $8.6 million. However, active client numbers decreased by nearly 8% year over year to slightly more than 2.3 million. This decline in subscriber numbers is a worrying sign for the company’s growth prospects.

Read more at Nasdaq: Why Stitch Fix Stock Was Plummeting This Week