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In this week's edition of Insider Life, we're talking about issues at Stitch Fix, a wine bottle shortage, and luxury wedding planners.
New features are starting to drive higher spending per client, which could change the growth trajectory of the personal styling service.
Author Bio Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman Stitch Fix (NASDAQ:SFIX) stock was up double digits after hours on Monday after the online styling service posted better-than-expected results in its third-quarter earnings report. Revenue rose 44% from the lockdown-impacted quarter of a year ago to $535.6 million, easily beating the company's own guidance of $505 million to $5...
The shares have been volatile lately, but the styling service's long-term vision is crystal clear.
Author Bio Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman There's no question about it. This was a rough earnings report for In its fiscal second quarter, the personalized online styling service missed both analyst estimates and its own guidance, and the company slashed its full-year revenue growth forecast from a 20% to 25% range to 18% to 20%. Given that, it's not surprising that t...