Stitch Fix Stock Soars On Q3 Results: Here’s Why

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Stitch Fix, Inc. (NASDAQ:SFIX) shares are climbing after the company reported its third-quarter financial results Tuesday. Here’s a look at the key figures from the report. 

The Details: Stitch Fix reported quarterly losses of 18 cents per share which beat the analyst consensus estimate of losses of 24 cents by 25%.

Quarterly sales came in at $322.7 million which beat the analyst consensus estimate of $306.121 million by 5.42% and represents a 18.29% decrease in sales from the same period last year.

Active clients were 2.633 million for the quarter, a decrease of …

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