Stitch Fix Soars 11.27% on Strong Q3 Earnings

Stitch Fix's stock surged 11.27% in pre-market trading on June 11, 2025, driven by a strong third-quarter performance that exceeded revenue expectations.

Stitch Fix reported a quarterly loss of $0.06 per share, which was better than the estimated loss of $0.12 per share. This performance marked a 50% earnings surprise, continuing a trend of surpassing consensus estimates over the past year. The company's revenue for the quarter was $325.02 million, a 3.07% increase from the previous year and above the consensus estimate of $314.34 million.

The company's net revenue per active client increased by 3.2%, reaching $542. However, Stitch Fix reported a net loss of $7.4 million, with a gross margin decline to 44.2%. Despite this, the company's Q4 guidance projects revenue between $298 million and $303 million, indicating a potential year-over-year increase.

Stitch Fix's stock has added about 9.7% since the beginning of the year, outperforming the S&P 500's gain of 2.1%. The company's earnings outlook and future earnings expectations will be crucial in determining the sustainability of the stock's price movement. Investors will be closely watching how estimates for the coming quarters and current fiscal year change in the days ahead.