Stitch Fix Stock Discussion

$Stitch Fix (SFIX.US)$ at least 6.80

Morning Movers
Gapping up
$Rigetti Computing (RGTI.US)$  and $Quantum (QMCO.US)$ up 11% and 9% respectively premarket. Rigetti Computing and Quantum Machines said Tuesday they successfully automated the calibration of a quantum computer using artificial intelligence. The quantum computing sector has once again attracted market attention due to Google's release of the Willow chip.
Shares of $Skillsoft (SKIL.US)$ surged 7% after the le...

$Sportsman's Warehouse (SPWH.US)$ $Pharming Group (PHAR.US)$ $BioXcel Therapeutics (BTAI.US)$ $Gaxos.ai (GXAI.US)$ $Rigetti Computing (RGTI.US)$ $Quantum (QMCO.US)$ $MIND Technology (MIND.US)$ $Stitch Fix (SFIX.US)$ $Frequency Electronics (FEIM.US)$ $CleanCore Solutions (ZONE.US)$ $Silexion Therapeutics (SLXN.US)$ $SEALSQ Corp (LAES.US)$
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$Stitch Fix (SFIX.US)$
Stitch Fix Announces First Quarter of Fiscal Year 2025 Financial Results
Positive
Gross margin increased 180 basis points YoY to 45.4%
Revenue per active client grew 4.9% YoY to $531
Generated positive Adjusted EBITDA of $13.5 million
Positive free cash flow of $9.9 million
Strong cash position of $253.3 million with zero debt
Negative
Net revenue declined 12.6% YoY to $318.8 million
Active clients decreased 18.6% YoY to 2,434,000
Net loss of $6.3 million in Q1
Project...

Morning Movers
Gapping up
$Progress Software (PRGS.US)$ stock climbed 6.9% after the global software company reported higher-than-expected earnings for the fiscal third quarter and raised its outlook for the year.
$Trump Media & Technology (DJT.US)$ stock increased by 5.5%, rebounding after Republican candidate Donald Trump revealed details of his economic plans for the country, which included several new manufacturing propos...

Former Wall Street darling $Stitch Fix (SFIX.US)$ sank more than 20% after hours Tuesday after the online clothing retailer reported declining revenues and a larger-than-expected net loss for its fiscal Q4.
SFIX shed to 20.5% to $2.98 shortly before 6 p.m. ET after the firm reported a $0.29 net loss per diluted share. That's wider than both the $0.17 in red ink the company reported a year earlier and ...