Stitch Fix is an online personal styling company. It provides a service where stylists select and mail clothing, footwear, and accessories to clients based on their preferences. The company operates in the competitive retail apparel market, sending curated boxes, or "Fixes," directly to customers' homes.
On June 10, 2026, Stitch Fix reported its quarterly earnings. The company announced an earnings per share (EPS) of -$0.01, which was better than the analyst estimate of a -$0.06 loss. As highlighted by Zacks, this result also shows a significant improvement from the loss of $0.06 per share reported in the same quarter a year ago.
The company also posted strong revenue of $340.28 million, exceeding the consensus estimate of $333.51 million. According to its Q3 earnings call highlights, this marks the fifth consecutive quarter of revenue growth for Stitch Fix. This growth was driven by stronger order values and improving client trends.
Stitch Fix saw its active clients grow to 2.3 million, an increase of 21,000 from the prior quarter. Additionally, revenue per active client reached a new high of $578. CEO Matt Baer stated that these results show the company is strengthening its position as a retailer of choice for its clients.
Despite recent positive results, Stitch Fix has a negative trailing price-to-earnings (P/E) ratio of -25.36, indicating it has not been profitable over the last year. However, its current ratio of 1.50 suggests it has enough current assets to cover its short-term financial obligations, showing a stable liquidity position.