NASDAQ$SFIX

Stitch Fix Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Announced financial results for the fourth quarter and full fiscal year 2024.

Stitch Fix reported Q4 2024 results with net revenue of $319.6 million, a decrease of 12.4% year-over-year, and a net loss of $35.7 million, or $0.29 loss per share. The company's gross margin increased to 44.6%, and it achieved adjusted EBITDA of $9.5 million and free cash flow of $4.5 million. The company ended the quarter with $247.0 million in cash, cash equivalents, and investments, and no debt.

  • Net revenue was $319.6 million, a 12.4% decrease year-over-year.
  • Gross margin increased by 50 basis points year-over-year to 44.6%.
  • Net loss was $35.7 million, with a diluted loss per share of $0.29.
  • Free cash flow for the quarter was $4.5 million.

Headline financials

Total Revenue

$320M

Previous: $376M-15.0%
EPS (adj)

-$0.29

Previous: -$0.24-20.8%
Active clients

2.5M

Previous: 3.3M-23.9%
Net revenue per active client

$533.00

No prior period
Gross margin

44.6%

No prior period
Adjusted EBITDA

$9.52M

No prior period
Adjusted EBITDA margin

3.0%

No prior period
Capital Expenditures

-$3.71M

Previous: $3.39M-209.4%
Net Income

-$35.7M

Previous: -$28.7M-24.6%
Operating Income

-$41.9M

Previous: -$31.2M-34.2%
Gross Profit

$142M

Previous: $163M-12.5%
Stock-Based Comp

$16.8M

Previous: $24.3M-30.6%

Revenue & EPS history

Stitch Fix · Revenue · Quarterly

$320M

Q4 2024-15%vs Q4 2023
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

The financial outlook for the first quarter of fiscal 2025 ending November 2, 2024, includes net revenue between $303 million and $310 million, representing a (17)% - (15)% YoY decrease, and adjusted EBITDA between $5 million and $9 million, with a 1.7% - 2.9% margin.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.2%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-1.3%

Avg return

30 days after

38%

15 / 40 earnings

Positive

+45.0%

Q1 2025

Best reaction

-40.1%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+16.7%+15.9%
Q2 2026-2.7%-5.6%-9.2%
Q1 2026+8.7%+15.6%+9.2%
Q4 2025-16.7%-22.9%-18.8%
Q3 2025-1.3%-0.3%+19.4%
Q2 2025-5.4%-15.1%-29.3%
Q1 2025+45.0%-14.4%+7.6%
Q4 2024-40.1%-25.1%-25.3%
Q3 2024+34.1%+44.4%+50.4%
Q2 2024-19.3%-21.8%-23.1%
Q1 2024-9.9%-3.9%-20.2%
Q4 2023+5.9%-3.4%+4.3%
Q3 2023+37.1%+30.4%+9.5%
Q2 2023+3.8%-0.4%-8.2%
Q1 2023-8.4%-3.7%-13.2%
Q4 2022-3.2%-14.8%-30.9%
Q3 2022-27.0%-28.4%-37.6%
Q2 2022-2.0%-3.6%-6.4%
Q1 2022-20.4%-20.1%-18.6%
Q4 2021+12.8%+20.2%-4.2%
Q3 2021+19.1%+15.4%+6.4%
Q2 2021-32.6%-26.2%-30.0%
Q1 2021+40.3%+68.9%+69.2%
Q4 2020-8.8%-9.7%+19.8%
Q3 2020-5.6%-6.1%+17.4%
Q2 2020-30.4%-41.8%-40.4%
Q1 2020+8.9%+7.4%-1.9%
Q4 2019-7.1%+1.9%+18.8%
Q3 2019+12.1%+16.5%+28.6%
Q2 2019+31.4%+24.5%+4.0%
Q1 2019-22.1%-22.8%-23.5%
Q2 2018-0.9%-10.5%-4.7%
Q4 2016-0.9%-10.5%-4.7%
Q4 2018-33.9%-39.9%-39.8%
Q3 2017+21.3%+29.4%+64.8%
Q3 2018+20.6%+16.7%+57.1%
Q2 2017-9.8%-15.4%-1.1%
Q1 2017-6.3%-0.6%-16.4%
Q1 2018-6.3%-0.6%-16.4%
Q4 2017-6.3%+3.2%-13.2%
Q3 2016
Q2 2016
Q1 2016

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