Question: Is stitch fix overvalued?

Is Stitch Fix losing money?

Stitch Fix reported a net loss of $1.83 million, or 2 cents per share, compared with net income of $9.54 million, or 9 cents per share, a year earlier. … Net revenue per active client rose 12% to a record $524, the company said.

Is Stitch Fix a buy sell or hold?

Stitch Fix has received a consensus rating of Hold. The company’s average rating score is 2.06, and is based on 3 buy ratings, 11 hold ratings, and 2 sell ratings.

How much debt does Stitch Fix have?

Compare SFIX With Other Stocks

Stitch Fix Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder’s Equity
2019-07-31 $0.22B $0.40B
2019-04-30 $0.22B $0.38B
2019-01-31 $0.20B $0.35B

Why is Stitch Fix stock dropping?

Why the Stock Is Getting Crushed. Stitch Fix stock was tumbling even though the online personal shopping website reported a narrower-than-expected loss for its fiscal first quarter and beat analysts’ sales expectations thanks to a boost in its Freestyle service that allows customers to shop directly on the site.

How much market share does Stitch Fix have?

The U.S. apparel subscription e-commerce segment represents a sliver of the overall pie, about 1% of the total U.S. apparel and footwear market, but Stitch Fix’s share of that subscription slice has remained steady at 58% since 2019, according to Coresight Research.

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How many customers does Stitch Fix have?

Stitch Fix now counts nearly 4.2 million active clients, which are people who either ordered a “Fix” subscription or bought an item directly from its website in the preceding 52 weeks from the final day of the quarter.

Is stitch fix a private company?

Stitch Fix generated more than $1 billion in sales during 2018 and reported 3.4 million customers in June 2020. It is headquartered in San Francisco, California and employs 8,000 people worldwide.

Stitch Fix.

Type Public
Total assets US$ 819.149 million (2021)
Owners Katrina Lake (16.6%)
Website stitchfix.com

Who audits Stitch Fix?

Stitch Fix’s expanded audit report featured two critical audit matters. One of them, according to auditor Deloitte Touche Tohmatsu, was a material weakness: Stitch Fix couldn’t adequately assess controls pertaining to outsourced IT service providers.

What is Stitch Fix business model?

At Stitch Fix our business model is simple: We send you clothing and accessories we think you’ll like; you keep the items you want and send the others back. We leverage data science to deliver personalization at scale, transcending traditional brick-and-mortar and e-commerce retail experiences.

How is Stitch Fix reviews?

Overall, most people we talked to (95 percent) rated Stitch Fix as at least “okay” in terms of fit. Some of our testers found Stitch Fix’s prices high for what they got, especially when the clothes were made of synthetic, “cheap” fabrics.