{"id":17456,"date":"2021-09-22T09:13:45","date_gmt":"2021-09-22T16:13:45","guid":{"rendered":"https:\/\/marketdepth.com\/?p=17456"},"modified":"2021-09-27T09:45:07","modified_gmt":"2021-09-27T16:45:07","slug":"stitch-fix-reports-q4-and-fy2021-financial-results","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/stitch-fix-reports-q4-and-fy2021-financial-results\/","title":{"rendered":"Stitch Fix Reports Q4 and FY2021 Financial Results"},"content":{"rendered":"\n<p>Stitch Fix, Inc. (NASDAQ: SFIX) released its Fourth Quarter and Full Fiscal Year 2021 financial results after the market closed on September 21st.\u00a0<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Up Premarket<\/h5>\n\n\n\n<p>SFIX gained 12.8% in premarket trading.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">29% Increase in Revenue<\/h5>\n\n\n\n<p>Stitch Fix reported net revenues of $571.2 million in the fourth quarter, an increase of 29% year over year. Its net revenue per active client grew 4% year over year to $505. The company\u2019s number of active clients also grew by 643,000, pushing its total number of active clients to 4,165,000 in the fourth quarter of 2021. The company also reported a net income of $21.5 million and diluted earnings per share of $0.19 with an adjusted EBITDA of $55.4 million.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Net Loss<\/h5>\n\n\n\n<p>For the Full Fiscal Year 2021, the company reported a net loss of $8.9 million and a diluted loss per share of $0.08, despite its net revenue growing 22.8% year over year to $2.1 billion. Its adjusted EBITDA for Fiscal 2021 was $64.9 million.<\/p>\n\n\n\n<p>Stitch Fix CEO Elizabeth Spaulding said, \u201cIn Q4 we delivered $571 million in net revenue, reflecting 29% year-over-year growth, helping us cross $2 billion in annual net revenue for the first time. These results reflect strong performance across our business, in Women\u2019s, Kids and the U.K.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Stitch Fix, Inc. (NASDAQ: SFIX) released its Fourth Quarter and Full Fiscal Year 2021 financial results after the market closed on September 21st.\u00a0 Up Premarket SFIX gained 12.8% in premarket trading. 29% Increase in Revenue Stitch Fix reported net revenues of $571.2 million in the fourth quarter, an increase of 29% year over year. Its&#8230; <a class=\"view-article\" href=\"https:\/\/marketdepth.com\/stitch-fix-reports-q4-and-fy2021-financial-results\/\">View Article<\/a>","protected":false},"author":3,"featured_media":17457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[31,17,11,16],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stitch Fix Reports Q4 and FY2021 Financial Results - MarketDepth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketdepth.com\/stitch-fix-reports-q4-and-fy2021-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stitch Fix Reports Q4 and FY2021 Financial Results - MarketDepth\" \/>\n<meta property=\"og:description\" content=\"Stitch Fix, Inc. (NASDAQ: SFIX) released its Fourth Quarter and Full Fiscal Year 2021 financial results after the market closed on September 21st.\u00a0 Up Premarket SFIX gained 12.8% in premarket trading. 29% Increase in Revenue Stitch Fix reported net revenues of $571.2 million in the fourth quarter, an increase of 29% year over year. Its... 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(NASDAQ: SFIX) released its Fourth Quarter and Full Fiscal Year 2021 financial results after the market closed on September 21st.\u00a0 Up Premarket SFIX gained 12.8% in premarket trading. 29% Increase in Revenue Stitch Fix reported net revenues of $571.2 million in the fourth quarter, an increase of 29% year over year. Its... 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