Stitch Fix Inc
For the period ended Aug 3, 2024. Filed Sep 25, 2024.
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FY2024 · Filed Sep 25, 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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Item 8. Consolidated Balance Sheets
(In thousands, except share and per share amounts)
| August 3, 2024 | July 29, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $162,862 | $239,437 |
| Short-term investments | 84,106 | 18,161 |
| Inventory, net | 97,903 | 130,548 |
| Prepaid expenses and other current assets | 21,839 | 27,692 |
| Current assets, discontinued operations | — | 9,623 |
| Total current assets | 366,710 | 425,461 |
| Property and equipment, net | 51,517 | 79,757 |
| Operating lease right-of-use assets | 63,780 | 104,533 |
| Other long-term assets | 4,857 | 2,681 |
| Long-term assets, discontinued operations | — | 2,046 |
| Total assets | $486,864 | $614,478 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $87,058 | $96,730 |
| Operating lease liabilities | 21,817 | 28,210 |
| Accrued liabilities | 73,007 | 69,893 |
| Gift card liability | 6,749 | 10,328 |
| Deferred revenue | 9,217 | 11,366 |
| Other current liabilities | 5,201 | 8,802 |
| Current liabilities, discontinued operations | 502 | 12,782 |
| Total current liabilities | 203,551 | 238,111 |
| Operating lease liabilities, net of current portion | 95,685 | 125,418 |
| Other long-term liabilities | 606 | 3,639 |
| Total liabilities | 299,842 | 367,168 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Class A common stock, $0.00002 par value – 2,000,000,000 shares authorized at August 3, 2024 and July 29, 2023; 104,742,401 and 90,217,226 shares issued at August 3, 2024 and July 29, 2023; and 102,440,260 and 90,217,226 shares outstanding at August 3, 2024, and July 29, 2023, respectively | 1 | 1 |
| Class B common stock, $0.00002 par value – 100,000,000 shares authorized at August 3, 2024, and July 29, 2023; 22,318,035 and 25,405,020 shares issued and outstanding at August 3, 2024, and July 29, 2023, respectively | 1 | 1 |
| Additional paid-in capital | 684,650 | 615,236 |
| Accumulated other comprehensive income (loss) | (335) | 527 |
| Accumulated deficit | (467,253) | (338,413) |
| Treasury stock at cost - 2,302,141 and 2,302,141 shares as of August 3, 2024, and July 29, 2023, respectively | (30,042) | (30,042) |
| Total stockholders’ equity | 187,022 | 247,310 |
| Total liabilities and stockholders’ equity | $486,864 | $614,478 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.