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Stitch Fix’s Revenue Grew 19% in the First Quarter of its New Fiscal Year

By
Malique Morris
· · Source: The Information

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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