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Stitch Fix's stock fell 5.1% as active clients dropped, despite beating Q1 revenue forecasts.
Stitch Fix's stock dropped 5.1% on June 10, reaching a low of $4.55.
The company reported a revenue of $325.02 million for Q1, surpassing analyst expectations.
Despite beating revenue forecasts, Stitch Fix saw a decrease in active clients to 2.35 million and reported a quarterly loss of six cents per share.
The company updated its fiscal year 2025 revenue outlook to up to $1.259 billion, showing confidence in its future performance.
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Las acciones de Stitch Fix cayeron un 5,1% debido a la caída de los clientes activos, a pesar de superar las previsiones de ingresos del primer trimestre.