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Aug 01, 2020
Stitch Fix Q4 2020 Earnings Report
Announced fourth quarter and full fiscal year 2020 financial results.
Key Takeaways
Stitch Fix reported Q4 net revenue of $443.4 million, an 11% increase year-over-year on an adjusted basis, and grew active clients to 3.5 million, a 9% increase year-over-year.
Net revenue reached $443.4 million, up 11% year-over-year on an adjusted basis.
Active clients totaled 3.5 million, reflecting a 9% year-over-year increase.
Net revenue per active client was $486, a 2% increase year-over-year on an adjusted basis.
Net loss was $44.5 million.
Stitch Fix
Stitch Fix
Forward Guidance
The press release contains forward-looking statements regarding future financial performance and expectations for fiscal year 2021, including the impact of COVID-19 on consumer behavior and the continued growth of direct buy offerings.