Stitch Fix is an online personal styling service that is reinventing the shopping experience by delivering one-to-one personalization to our clients through the combination of data science and human judgment. Stitch Fix was founded in 2011 by CEO Katrina Lake. Since then, we've helped millions of women, men, and kids discover and buy what they love through personalized selections of apparel, shoes, and accessories, curated by Stitch Fix stylists and algorithms.
Company profile
Ticker
SFIX
Exchange
Website
CEO
Katrina Lake
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Amazon.com • QVC • CDW • Coupang • Insight Enterprises • Dingdong (Cayman) • ContextLogic • Qurate Retail Inc - Series A • Chewy • PC Connection ...
SEC CIK
Corporate docs
Subsidiaries
Stitch Fix Gift Cards, LLC • Stitch Fix UK, Ltd. ...
SFIX stock data
Analyst ratings and price targets
Current price
Average target
$4.37
Low target
$4.00
High target
$5.00
Morgan Stanley
Maintains
$4.00
Wells Fargo
Upgraded
$4.00
UBS
Maintains
$4.20
Truist Securities
Maintains
$5.00
Barclays
Maintains
$4.00
Telsey Advisory Group
Maintains
$5.00
Latest filings (excl ownership)
8-K
Cost Associated with Exit or Disposal Activities
5 Jan 23
8-K
Stitch Fix Adds Kofi Amoo-Gottfried, CMO of DoorDash to Board of Directors
20 Dec 22
8-K
Submission of Matters to a Vote of Security Holders
16 Dec 22
10-Q
2023 Q1
Quarterly report
7 Dec 22
8-K
Stitch Fix Announces First Quarter of Fiscal Year 2023 Financial Results
6 Dec 22
DEFA14A
Additional proxy soliciting materials
1 Nov 22
DEF 14A
Definitive proxy
1 Nov 22
8-K
Departure of Directors or Certain Officers
14 Oct 22
8-K
Departure of Directors or Certain Officers
4 Oct 22
S-8
Registration of securities for employees
21 Sep 22
Transcripts
SFIX
Earnings call transcript
2023 Q1
7 Dec 22
SFIX
Earnings call transcript
2022 Q4
21 Sep 22
SFIX
Earnings call transcript
2022 Q3
10 Jun 22
SFIX
Earnings call transcript
2022 Q2
9 Mar 22
SFIX
Earnings call transcript
2022 Q1
8 Dec 21
SFIX
Earnings call transcript
2021 Q4
22 Sep 21
SFIX
Earnings call transcript
2021 Q3
8 Jun 21
SFIX
Earnings call transcript
2021 Q2
9 Mar 21
SFIX
Earnings call transcript
2021 Q1
7 Dec 20
SFIX
Earnings call transcript
2020 Q4
22 Sep 20
Latest ownership filings
SC 13G/A
BlackRock Inc.
24 Jan 23
4
Katrina Lake
10 Jan 23
4
Kofi Owusu Amoo-Gottfried
4 Jan 23
3
Kofi Owusu Amoo-Gottfried
3 Jan 23
4
Elizabeth Spaulding
16 Dec 22
4
Sarah Barkema
16 Dec 22
4
SACHIN DHAWAN
16 Dec 22
4
Dan Jedda
16 Dec 22
4
Casey O'Connor
16 Dec 22
4
Elizabeth Goodman Williams
15 Dec 22
Financial summary
| Quarter (USD) | Oct 22 | Jul 22 | Apr 22 | Jan 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Jul 22 | Jul 21 | Jul 20 | Aug 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 113.35 mm | 113.35 mm | 113.35 mm | 113.35 mm | 113.35 mm | 113.35 mm |
| Cash burn (monthly) | 5.86 mm | 11.36 mm | 18.55 mm | 21.97 mm | 3.35 mm | 8.03 mm |
| Cash used (since last report) | 18.53 mm | 35.90 mm | 58.61 mm | 69.42 mm | 10.58 mm | 25.36 mm |
| Cash remaining | 94.82 mm | 77.45 mm | 54.74 mm | 43.93 mm | 102.76 mm | 87.98 mm |
| Runway (months of cash) | 16.2 | 6.8 | 3.0 | 2.0 | 30.7 | 11.0 |
Institutional ownership, Q3 2022
95.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 195 |
| Opened positions | 25 |
| Closed positions | 37 |
| Increased positions | 58 |
| Reduced positions | 57 |
| 13F shares | Current |
|---|---|
| Total value | 536.80 mm |
| Total shares | 81.84 mm |
| Total puts | 1.26 mm |
| Total calls | 1.76 mm |
| Total put/call ratio | 0.7 |
| Largest owners | Shares | Value |
|---|---|---|
| Katrina Lake | 9.38 mm | $177.45 mm |
| Vanguard | 7.46 mm | $29.47 mm |
| BLK Blackrock | 7.21 mm | $28.48 mm |
| Miller Value Partners | 4.48 mm | $17.71 mm |
| D. E. Shaw & Co | 4.17 mm | $39.64 mm |
| Baseline Ventures 2009 | 4.04 mm | $76.43 mm |
| Disciplined Growth Investors | 3.29 mm | $13.00 mm |
| Benchmark Capital Partners Vi | 2.73 mm | $0.00 |
| D. E. Shaw & Co. | 2.68 mm | $10.61 mm |
| FHI Federated Hermes | 2.43 mm | $9.62 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Jan 23 | Katrina Lake | Class A Common Stock Class A Common Stock | Grant | Acquire A | No | No | 3.64 | 50,000 | 182.00 k | 50,000 |
| 6 Jan 23 | Katrina Lake | Class A Common Stock Class A Common Stock | Grant | Acquire A | No | No | 3.64 | 150,000 | 546.00 k | 150,000 |
| 19 Dec 22 | Kofi Owusu Amoo-Gottfried | Class A Common Stock | Grant | Acquire A | No | No | 0 | 28,299 | 0.00 | 28,299 |
| 19 Dec 22 | Kofi Owusu Amoo-Gottfried | Class A Common Stock Class A Common Stock | Grant | Acquire A | No | No | 3.08 | 56,598 | 174.32 k | 56,598 |
| 15 Dec 22 | Casey O'Connor | Class A Common Stock | Grant | Acquire A | No | No | 0 | 250,000 | 0.00 | 334,479 |
| 15 Dec 22 | Casey O'Connor | NQSO Class A Common Stock | Grant | Acquire A | No | No | 3.8 | 500,000 | 1.90 mm | 500,000 |
| 14 Dec 22 | Casey O'Connor | Class A Common Stock | Payment of exercise | Dispose F | No | No | 4.08 | 3,720 | 15.18 k | 84,479 |
| 14 Dec 22 | Dan Jedda | Class A Common Stock | Payment of exercise | Dispose F | No | No | 4.08 | 26,973 | 110.05 k | 620,267 |
News
Why AppTech Payments Are Trading Lower By Over 25%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
31 Jan 23
Dow Turns Higher; Nasdaq Jumps 100 Points
31 Jan 23
General Motors, Spotify, A. O. Smith And Other Big Stocks Moving Higher On Tuesday
31 Jan 23
Why Heart Test Laboratories Are Trading Higher By 136%? Here Are Other Stocks Moving In Monday's Mid-Day Session
30 Jan 23
12 Consumer Discretionary Stocks Moving In Monday's Intraday Session
30 Jan 23
Press releases
Stitch Fix announces Elizabeth Spaulding will step down as Chief Executive Officer; Founder and Chairperson of the Board Katrina Lake to become interim Chief Executive Officer
5 Jan 23
MOORE KUEHN ENCOURAGES INVESTORS OF STITCH FIX, INC. TO CONTACT LAW FIRM
20 Dec 22
Stitch Fix Adds Kofi Amoo-Gottfried, CMO of DoorDash to Board of Directors
19 Dec 22
Despite Rising Costs, Consumer Products Companies Surveyed Expect Operating Margins to Increase
13 Dec 22
Stitch Fix Announces First Quarter of Fiscal Year 2023 Financial Results
6 Dec 22