Investing.com - Stitch Fix reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Stitch Fix announced earnings per share of $-0.50 on revenue of $455.6M. Analysts polled by Investing.com EPS of $-0.46 on revenue of $464.56M.
Stitch Fix 's are down 80% and is trading at $3.55 , still down 86.02% from its 52 week high of $26.25 set on Tuesday, December 7, 2021.
Stitch Fix shares lost 3.27% to trade at $3.55 in after-hours trade the report.
Stitch Fix follows other major Consumer Discretionary sector earnings this month
Stitch Fix's report follows an earnings beat by Home Depot on Tuesday, November 15, 2022, who reported EPS of $4.24 on revenue of $38.9B, EPS of $4.12 on revenue of $37.92B.
Alibaba ADR had beat expectations on Thursday, November 17, 2022 with fourth quarter EPS of $12.92 on revenue of $207.18B, for EPS of $11.74 on revenue of $208.52B.
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