Online subscription apparel company Stitch Fix saw its revenue rise 19% year-over-year to $581 million in the first quarter of its fiscal year 2022, ending in October, a slower revenue growth rate than the 29% sales jump the company reported in the July quarter. Stitch Fix expects things to be even grimmer next quarter. It anticipates sales growth will either be flat year-over-year at $505...
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How Netflix Can Regain Momentum
We’re now just a couple of weeks away from the second-quarter earnings reporting season. And if history is any guide, first out of the gate will be Netflix’s report on July 19, which is likely to be one of the most closely watched tech earnings updates of the quarter. Netflix’s first-quarter report, revealing a tiny drop in subscribers and forecasting a bigger one for the second quarter,...
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