Stitch Fix Inc
For the period ended Jan 27, 2024. Filed Mar 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jan 27, 2024 · Filed Mar 5, 2024
SFIX$2.86-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share amounts)
| For the Three Months Ended | For the Six Months Ended | |||
|---|---|---|---|---|
| January 27, 2024 | January 28, 2023 | January 27, 2024 | January 28, 2023 | |
| Revenue, net | $330,402 | $400,622 | $695,187 | $844,363 |
| Cost of goods sold | 186,922 | 236,866 | 392,604 | 493,297 |
| Gross profit | 143,480 | 163,756 | 302,583 | 351,066 |
| Selling, general, and administrative expenses | 181,518 | 227,038 | 369,282 | 462,884 |
| Operating loss | (38,038) | (63,282) | (66,699) | (111,818) |
| Interest income | 2,673 | 632 | 4,921 | 1,380 |
| Other income (expense), net | 578 | (663) | 989 | (840) |
| Loss before income taxes | (34,787) | (63,313) | (60,789) | (111,278) |
| Provision for income taxes | 169 | 131 | 338 | 318 |
| Net loss from continuing operations | (34,956) | (63,444) | (61,127) | (111,596) |
| Net loss from discontinued operations, net of income taxes | (568) | (2,127) | (9,887) | (9,893) |
| Net loss | $(35,524) | $(65,571) | $(71,014) | $(121,489) |
| Other comprehensive income (loss): | ||||
| Change in unrealized loss on available-for-sale securities, net of tax | 49 | 941 | 170 | 755 |
| Foreign currency translation | — | 2,501 | (1,129) | 889 |
| Total other comprehensive income (loss), net of tax | 49 | 3,442 | (959) | 1,644 |
| Comprehensive loss | $(35,475) | $(62,129) | $(71,973) | $(119,845) |
| Loss per share from continuing operations, attributable to common stockholders: | ||||
| Basic | $(0.29) | $(0.56) | $(0.52) | $(0.99) |
| Diluted | $(0.29) | $(0.56) | $(0.52) | $(0.99) |
| Loss per share from discontinued operations, attributable to common stockholders: | ||||
| Basic | $0.00 | $(0.02) | $(0.08) | $(0.09) |
| Diluted | $0.00 | $(0.02) | $(0.08) | $(0.09) |
| Loss per share attributable to common stockholders: | ||||
| Basic | $(0.30) | $(0.58) | $(0.60) | $(1.07) |
| Diluted | $(0.30) | $(0.58) | $(0.60) | $(1.07) |
| Weighted-average shares used to compute loss per share attributable to common stockholders: | ||||
| Basic | 119,045,026 | 113,928,081 | 117,845,093 | 113,143,991 |
| Diluted | 119,045,026 | 113,928,081 | 117,845,093 | 113,143,991 |
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