Stitch Fix Q2 2021 Earnings Report
Key Takeaways
Stitch Fix announced its Q2 fiscal year 2021 financial results, reporting a net revenue of $504.1 million, a 12% increase year-over-year. The company's active client count reached nearly 3.9 million, also a 12% increase year-over-year. However, the company reported a net loss of $21.0 million, with a diluted loss per share of $0.20.
Net revenue reached $504.1 million, a 12% increase year-over-year.
Active clients totaled nearly 3.9 million, reflecting a 12% increase year-over-year and 110,000 clients quarter over quarter.
Net revenue per active client was $467, a decrease of 7% year-over-year.
Net loss amounted to $21.0 million, with a diluted loss per share of $0.20.
Stitch Fix
Stitch Fix
Forward Guidance
The press release, related conference call and webcast, and the letter to shareholders contain forward-looking statements within the meaning of the federal securities laws.