How did Stitch Fix's revenue and expenses trend in Q2 2025?
5/8/2025 11:23pm
Stitch Fix's revenue and expenses in Q2 2025 are as follows:
1. **Revenue Trend**: Stitch Fix's quarterly revenue fell by 5.5% year-over-year to $312.11 million. This decline was primarily due to a reduction in gross merchandise value (GMV) and an increase in fulfillment costs as a percentage of revenue. The company's estimated revenue for the quarter was $290 million, indicating that the actual figure was slightly higher than anticipated.
2. **Expense Trend**: The company reported an EPS of -$0.05 for the quarter, which implies that the company's expenses exceeded its revenues during this period. This negative EPS was a result of higher expenses, which partially offset the revenue decline. The company's adjusted EBITDA margin decreased to 10.7%, reflecting margin pressure due to higher expenses in the Acima segment and the Rent-A-Center segment.
In summary, Stitch Fix experienced a decline in revenue and an increase in expenses in Q2 2025, resulting in a negative EPS. The company's adjusted EBITDA margin also decreased during the quarter, indicating challenges in managing costs effectively.