Stitch Fix (SFIX)

[armstka]

Quick follow up to my previous post....

Here's a review of the key figures from the fiscal fourth quarter:

Revenue jumped 23% to $318.3 million. This result was a hair shy of the $318.9 million that Wall Street had projected.
Net income soared to $18.3 million, or $0.18 per share. This figure crushed the $0.06 in EPS that market watchers were expecting.
Active clients increased 25% year over year to 2.7 million. For context, analysts were expecting the platform to have 2.81 million active clients.

Founder and CEO Katrina Lake also announced that Stitch Fix will launch in the United Kingdom by the end of fiscal 2019.

Zooming out to the full year, here's a look at Stitch Fix's key numbers from fiscal 2018:

Revenue grew 26% to $1.2 billion.
Net income was $44.9 million, or $0.34 per share. This compares with a net loss of $0.02 per share in fiscal 2017.

All of this, and the stock plummets 40% in 2 days. SMH.