Down 13%, Is Stitch Fix a Buy?
Stitch Fix (NASDAQ: SFIX) reported some tough results in its latest fiscal quarter. While revenue was positive and losses better than the previous trend, it's still hard to say that Stitch Fix is a good buy.Down more than 13% recently, investors seem to be noticing the trend of declines in clients, which will make it harder for the subscription clothing service to grow revenue over the long term.Continue reading
Stitch Fix (NASDAQ: SFIX) reported some tough results in its latest fiscal quarter. While revenue was positive and losses better than the previous trend, it's still hard to say that Stitch Fix is a good buy.
Down more than 13% recently, investors seem to be noticing the trend of declines in clients, which will make it harder for the subscription clothing service to grow revenue over the long term.
