Investing.com - Stitch Fix reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Stitch Fix announced earnings per share of $-0.89 on revenue of $481.9M. Analysts polled by Investing.com anticipated EPS of $-0.6333 on revenue of $488.74M.
Stitch Fix shares are down 75% from the beginning of the year and are trading at $4.72 , down-from-52-week-high.
Stitch Fix follows other major Consumer Discretionary sector earnings this month
Stitch Fix's report follows an earnings beat by BYD ADR on Monday, August 29, 2022, who reported EPS of $0.2774 on revenue of $12.14B, compared to forecasts EPS of $0.2645 on revenue of $12.73B.
JD.com Inc Adr had beat expectations on Tuesday, August 23, 2022 with second quarter EPS of $4.06 on revenue of $267.6B, compared to forecast for EPS of $2.79 on revenue of $262.31B.
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