Feed / SFIX

Stitch Fix, Inc.

SFIX

Consumer Cyclical · 2.61 +2.2% today

Isolated · not yet confirmedMarket checked 1 Oct, 15:55 GMT-4

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.

Revenue YoY-5.3%2025-08-02
Operating margin-3.1%+6.9 pts YoY
Company+2.2% todayVolume comparison unavailable
Market groupNo active group readNo durable group available
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • 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.

Watch this read

Research brief

The story so far

Consumer Cyclical · Apparel Retail

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.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • 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

As of Oct 1, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations334
Usable filing statements126
Verified relationships4
Evidence supporting the case
  • 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.
Evidence challenging the case
  • Diluted shares increased 4.2% in the latest annual period.
  • Restructuring and cost reductions has repeated adverse evidence across 5 filings.
Questions before a position
  • EV/sales is 64% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Oct 1, 2026

2.61
6m-18.1%12m-54.4%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2022-07-30$2.0B-4.0%$-1.90+2.6%
2023-07-29$1.6B-21.1%$-1.50+5.4%
2024-08-03$1.3B-16.0%$-1.07+4.8%
2025-08-02$1.3B-5.3%$-0.22+7.1%
2026-08-01$1.3B+6.4%$-0.09+4.2%

What management says matters

Persistent and emerging business drivers

Restructuring and cost reductionsnegative · 5 filings
“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 ↗
Demand and volumepositive · 3 filings
“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 ↗
Energy and commodity pricesmixed · 2 filings
“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 ↗
Input and raw-material costspositive · 2 filings
“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.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

2.61+2.2% today

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.