Stitch Fix Q4 revenue slightly misses estimates as active clients decline
SFIX•Quarterly revenue slightly misses estimates
- US online personal styling service's Q4 revenue grew 4.2% yr/yr, slightly missed analyst expectations
- Q4 adjusted EBITDA beat analyst expectations, reflecting improved operating efficiency
- Company repurchased 2.7 mln shares for $11.3 mln in Q4
- Shares of the company were down about 19% in extended trading
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q4 Revenue | Slight Miss* | $324.40 mln | $325.60 mln (5 Analysts) |
| Q4 Loss Per Share | $0.02 | ||
| Q4 Net Loss | $2.10 mln | ||
| Q4 Adjusted EBITDA | Beat | $10.80 mln | $7.94 mln (5 Analysts) |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Guidance points to lower revenue in fiscal 2027
- Company sees Q1 2027 net revenue of $323 mln to $328 mln, down 5.6% to 4.1% YoY
- Stitch Fix expects FY 2027 net revenue of $1.310 bln to $1.360 bln, down 2.8% to up 0.9% YoY
- Company expects FY 2027 gross margin between 43% and 44% and positive free cash flow
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell". The average consensus recommendation for the online services peer group is "buy." Wall Street's median 12-month price target for Stitch Fix, Inc. is $5.00, about 67.2% above its September 22 closing price of $2.99.
