SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Stitch Fix Inc. (SFIX) on Tuesday reported a loss of $6.5 million in its fiscal second quarter.
The San Francisco-based company said it had a loss of 5 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The online clothing styling service posted revenue of $312.1 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $295.2 million.
For the current quarter ending in April, Stitch Fix said it expects revenue in the range of $311 million to $316 million.
The company expects full-year revenue in the range of $1.23 billion to $1.24 billion.
_____
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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.