Stitch Fix stock soars after earnings top estimates
Stitch Fix Inc. SFIX, +4.98% shares surged more than 14% in the extended session Monday after the subscription clothing service beat Wall Street earnings and sales expectations. The company reported fiscal second-quarter net income of $12 million, or 12 cents a share, compared with $1.7 million, or 2 cents a share, in the year-ago period. Revenue rose to $370.3 million from $295.9 million in the year-ago period.
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Stitch Fix stock soars 20% after earnings beat
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