Stitch Fix Stock Falls On Worse-Than-Expected Q2 Results, Guidance Below Estimates

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Stitch Fix, Inc. (NASDAQ:SFIX) shares are falling after the company reported its second-quarter financial results and issued guidance below estimates after the bell Monday. Here’s a look at the details.

The Details:

Stitch Fix reported quarterly losses of 30 cents per share which missed the analyst consensus estimate of losses of 20 cents per share.

Quarterly sales came in at $330.4 million, missing the analyst consensus estimate of $330.85 million and representing a 19.83% decrease over sales of $412.12 million the same period …

Full story available on Benzinga.com