Briefing
e-commerce

Stitch Fix Q4 Revenue Grows 24%

By
Malique Morris
· · Source: The Information

Online subscription retailer Stitch Fix’s revenue increased 29% year-over-year to $572 million in the final quarter of its fiscal year ended in July. Meanwhile, Stitch Fix reported a $21.5 million net profit in the quarter, a big improvement from the year-earlier loss of $44.5 million. Stitch Fix expects its revenue for the first quarter of fiscal 2022 will reach up to $575 million, a 17%...

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