![]() ![]() This article explores three key reasons that investors should be cautious when considering investing in Stitch Fix stock. Investors should, however, look at both bull and bear theses for the stocks they own and are considering buying. The crux of the bull thesis is that Stitch Fix's potential for growth is huge because consumers are increasingly shopping online for fashion-related items, which are still primarily purchased in physical stores. Long-term investors shouldn't judge any company by short-term results, especially when there are rare, extenuating circumstances. In the quarter, revenue fell 9% year over year and the company posted a net loss of $33.9 million, or $0.33 per share, compared with a net income of $7.0 million, or $0.07 per share, in the year-ago period. ![]() The crisis disrupted its supply chain, and consumers were largely concerned with more pressing matters than shopping for apparel. The company had a challenging quarter because of the COVID-19 pandemic. Earlier this month, online personal styling service Stitch Fix ( SFIX 0.98%) released results for its fiscal third quarter 2020, which ended on May 2. ![]()
0 Comments
Leave a Reply. |