“As a result of our restructuring and cost reduction actions from fiscal year ended July 30, 2022 (“fiscal 2022”) through fiscal 2025, we expect SG&A as a percentage of revenue in fiscal 2026 to continue to decrease as compared to STITCH FIX, INC.”10-Q · Jun 11, 2026 ↗
Stitch Fix, Inc.
SFIX
Market read
No connected market move is active around Stitch Fix, Inc..
No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
- Cost of goods sold rose despite price increases, with transportation and merchandise assortment investments identified as drivers.
- Revenue per active client improved 7.8% as clients kept more items and average unit retail prices increased.
Invalidation: The isolated read changes if SFIX's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Cost of goods sold rose despite price increases, with transportation and merchandise assortment investments identified as drivers.
- Revenue per active client improved 7.8% as clients kept more items and average unit retail prices increased.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +6.4% year over year.
- Operating margin changed +1.5 percentage points in the latest annual period.
- Net margin changed +1.3 percentage points in the latest annual period.
- Diluted shares increased 4.2% in the latest annual period.
- Restructuring and cost reductions has repeated adverse evidence across 5 filings.
- EV/sales is 64% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Oct 1, 2026
2.61Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“As a result, we are subject to price increases or fluctuations, inflationary pressures, tariffs, demand disruptions, increased shipping or freight costs, or shipping delays in connection with our merchandise.”10-K · Sep 24, 2026 ↗
“Despite these price increases, our cost of goods sold increased in fiscal 2026 and we expect will continue to rise, primarily due to higher transportation cost from rising oil prices and continued merchandise assortment investments.”10-K · Sep 24, 2026 ↗
“As a result, we are subject to price increases or fluctuations, inflationary pressures, tariffs, demand disruptions, increased shipping or freight costs, or shipping delays in connection with our merchandise.”10-K · Sep 24, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.3× · EV/sales 0.2×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for SFIX. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for SFIX. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind SFIX
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
JTGEYFiling-linked namelenderSep 25, 2025 ▾
“We are party to a credit STITCH FIX, INC.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
SFIX is currently a Follower in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for SFIX; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.