Says continues to focus on improving leverage. Says exceeded expectations in Q2. Says investments made are working. Says seeing particular success with new styles. Says leveraging AI merchandizing tool for improved inventory. Says newest labels performing well. Says offering increased level of flexibility. Says sees more runway to improve future performance. Says January was a particularly good month. Comments taken from Q2 earnings conference call.
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Read More on SFIX:
- Stitch Fix up 20% at $5.05 after Q2 earnings beat, FY25 guidance raise
- Stitch Fix sees Q3 revenue $311M-$316M, consensus $278.58M
- Stitch Fix raises FY25 revenue view to $1.23B-$1.24B from $1.14B-$1.18B
- Stitch Fix reports Q2 EPS (5c), consensus (10c)
- Stitch Fix options imply 18.5% move in share price post-earnings
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