Customer EngagementThe company's turnaround efforts are starting to bear fruit, credited to improvements in inventory quality and personalized marketing, leading to higher engagement in Freestyle and Fix channels.
Financial PerformanceStitch Fix's fiscal Q1 results came in ahead of expectations, with active customers slightly ahead of consensus, while revenue and adj. EBITDA were both solidly above.
Operational EfficiencyGross margins expanded with Q1 gross margin reaching 45.4%, showing an increase of +180 bps compared to the prior-year period.