Investing.com - Stitch Fix reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Stitch Fix announced earnings per share of $-0.50 on revenue of $455.6M. Analysts polled by Investing.com anticipated EPS of $-0.46 on revenue of $464.56M.
Stitch Fix shares are down 80% from the beginning of the year and are trading at $3.55 , down-from-52-week-high.
Stitch Fix shares lost 3.27% in after-hours trade following the report.
Stitch Fix follows other major Consumer Discretionary sector earnings this month
Stitch Fix's report follows an earnings beat by Home Depot on Tuesday, November 15, 2022, who reported EPS of $4.24 on revenue of $38.9B, compared to forecasts EPS of $4.12 on revenue of $37.92B.
Alibaba ADR had beat expectations on Thursday, November 17, 2022 with fourth quarter EPS of $12.92 on revenue of $207.18B, compared to forecast for EPS of $11.74 on revenue of $208.52B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar