Stitch Fix Stock Surges as Revenue Tops Estimates, Losses Narrow | Global News Avenue

Stitch Fix Stock (sfix) Soaring Wednesday was smaller than analysts expected in the second quarter of fiscal 2025 after smaller revenue and losses reported by the apparel subscription business.

According to estimates from the visible Alpha compilation, the company reported revenue of $312.1 million after Tuesday’s bell, down about 5% from the same period last year, but better than analysts expected.

Stitch Fix lost 5 cents per share, smaller than the 29 cents a share it lost a year ago, while 11 cents analysts predicted. The company’s active customers fell 15.5% year-on-year to 2.37 million, roughly in line with analyst consensus.

Stitch Fix’s best estimate for revenue forecasts

Online apparel providers also predict revenues of $311 million to $316 million in the third quarter, up from $278.6 million analyst estimates. It also raised its full-year revenue range to $12.25 billion to $1.24 billion, from $1.14 billion to $1.18 billion, better than analysts’ current forecast.

CEO Matt Baer said the company’s clients “are responding to the advances we have made in our experience, including increasing the novelty of classification, expanding fixed flexibility and investment in stronger customer-level relationships.”

Bell Said it before The company can Recover revenue growth at the end of fiscal 2026.

Stocks rose 14%. They have risen by about 77% by the end of Tuesday in the past 12 months.