Stock Track | Stitch Fix Soars 6.39% in After-Hours Trading on Strong Q1 Earnings and Revenue Beat

Stock Track12-05

Stitch Fix Inc. (NASDAQ: SFIX) surged 6.39% in after-hours trading on Thursday, following the release of its fiscal first-quarter 2026 financial results. The stock's rally reflects investor optimism after the company reported better-than-expected revenue and earnings.

The online apparel retailer posted Q1 revenue of $342.1 million, surpassing analyst estimates of $335.8 million and marking a 7.3% year-over-year increase. Adjusted EBITDA also beat expectations, coming in at $13.4 million compared to the consensus estimate of $10.2 million. CEO Matt Baer attributed the strong performance to the company's successful transformation strategy, which includes leveraging generative AI to enhance client engagement and operational efficiency.

Baer highlighted market share gains and improved revenue per active client as key drivers of growth. Stitch Fix also raised its full-year revenue guidance to $1.32 billion-$1.35 billion, further boosting investor confidence in the company's turnaround efforts.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment