SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Stitch Fix Inc. (SFIX) on Tuesday reported a loss of $7.4 million in its fiscal third quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 6 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The online clothing styling service posted revenue of $325 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $315.3 million.
For the current quarter ending in July, Stitch Fix said it expects revenue in the range of $298 million to $303 million.
The company expects full-year revenue in the range of $1.25 billion to $1.26 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFIX at https://www.zacks.com/ap/SFIX
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