BUZZ-Stitch Fix jumps after raising annual revenue forecast

Reuters03-11

** Shares of online styling service Stitch Fix SFIX.O rise 20% to $5.08 in extended trading

** SFIX raises FY25 net revenue forecast, expects Q2 net revenue above estimates

** SFIX now sees annual net revenue in the range of $1.23 billion to $1.24 billion, up from its earlier forecast of $1.14 billion to $1.18 billion

** For Q3, company expects net revenue to be between $311 million and $316 million, above analysts' estimates of $278.6 million

** Company posts Q2 net revenue of $312.1 million, vs an expectation of $298 million

** Up to Tuesday's close, stock down 3.2% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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