STITCHFIX INC (SFIX)
EARNINGS RELEASE - JUNE 8 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.16/share REV: 406.6/M
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LAST QTR: EPS: .06/share ACTUAL: .11/share (BEAT)
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NEXT QTR: EPS: -.15/share REV: 404.70/M
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FULL YR: EPS: -.20/Share REV: 1,710/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 100% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -32.67, 13.7, -15.3
EXPECTED JUMP MOVE: 10-15%
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*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Stitch Fix shares have suddenly surged, and the stock is now up more than 40% since its post-earnings slide. In its Prime Day announcement on Sept. 28, Amazon (NASDAQ: AMZN) included a note on a new personal shopping service. The service complements Amazon’s original personal shopper service for women, which was launched in 2019, and though the news may have seemed like a threat to Stitch Fix, shares of the personal styling leader actually jumped 4.8% the day of the announcement, and continued to rally from there.
Stitch Fix Inc. (NASDAQ: SFIX) , the leading online personal styling service, announced that Neal Mohan has joined Stitch Fix’s Board of Directors, effective October 21, 2020.
Stitch Fix (SFIX) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues.
Two growing apparel retailers have hit speed bumps in 2020, but their growth stories look far from over.
Shares of Stitch Fix (NASDAQ: SFIX) gained 12.3% in value last month, according to data provided by S&P Global Market Intelligence. Direct buy has proven a hit with Stitch Fix clients. Sales of women’s activewear grew by 350% year over year during the quarter, driven by strength across regular Fixes and direct buy.
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by Team Stockjumpers