Stitch Fix: Strong FQ4, Market Doesn't Care
Stitch Fix (SFIX) beats analyst estimates, yet again, but the stock is down to market concerns over guidance.
- Q4 Non-GAAP EPS of $0.07 beats by $0.03.
- Revenue of $432.15M (+35.8% Y/Y) in-line.
The retailer guided to the following FY20 numbers:
Analysts are down at $1.91 billion for the year so these numbers are very solid. The stock trades with a market cap of only $2.0B or roughly 1x sales estimates. Growth stocks just don't stay this cheap.
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