Stitch Fix reports Q2 EPS (2c), two estimates (4c)

Reports Q2 revenue $341.3M, consensus $332.8M. “We delivered a strong Q2 with 9.4% revenue growth year over year,” said Matt Baer, CEO, Stitch Fix (SFIX). “Our client experience enhancements, improvements to the quality and breadth of our assortment, and new AI features are resonating and driving increased client engagement. We are gaining market share and strengthening our role as our clients’ retailer of choice for apparel, footwear and accessories as we remain focused on offering the most client-centric and personalized shopping experience in apparel retail.”