Still Some Loose Ends at Stitch Fix

Stitch Fix is working to mend the hole the coronavirus has blown through its business, but things could continue to unravel. On Monday, the online styling service reported fiscal third-quarter results that disappointed even Wall Street’s tempered expectations as a result of the pandemic. Sales in the quarter fell for the first time in at least 11 quarters on both an annual and sequential basis, according to FactSet. The company swung to a net loss of nearly $34 million—more than double analysts’ projection—driven by weak sales…

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