OverviewSuggest Edit

Stitch Fix is a company developing a subscription-based personal shopping platform and delivery service for women's clothing. The company builds a suite of proprietary tools and style-matching technology that provides personal styling to women. It offers shirts, jackets, sweaters, blazers, leggings, vests, scarfs, jeans, loafers, and boots.

TypePublic
Founded2011
HQSan Francisco, US
Websitestitchfix.com
Employee Ratings3.3
Culture scoreC-

Latest Updates

Employees (est.) (Aug 2019)8,000(+22%)
Job Openings53
Revenue (FY, 2019)$1.6 B(+29%)
Share Price (Jun 2020)$23.6 (+3%)

Key People/Management at Stitch Fix

Katrina Lake

Katrina Lake

Founder & CEO, Board member
Elizabeth Spaulding

Elizabeth Spaulding

President
Eric Colson

Eric Colson

Chief Algorithms Officer Emeritus
Scott Darling

Scott Darling

Chief Legal Officer
Mike Smith

Mike Smith

President & Chief Operating Officer
Cathy Polinsky

Cathy Polinsky

Chief Technology Officer
Show more

Stitch Fix Office Locations

Stitch Fix has offices in San Francisco, Austin, Pittsburgh, Bethlehem and in 7 other locations
San Francisco, US (HQ)
1 Montgomery St, San Francisco
Austin, US
816 Congress Ave #400
Pittsburgh, US
115 Atwood St
Show all (11)

Stitch Fix Financials and Metrics

Stitch Fix Revenue

Embed Graph
View revenue for all periods
Stitch Fix's revenue was reported to be $1.58 b in FY, 2019 which is a 28.6% increase from the previous period.
USD

Revenue (Q2, 2020)

451.8m

Gross profit (Q2, 2020)

202.2m

Gross profit margin (Q2, 2020), %

44.8%

Net income (Q2, 2020)

11.4m

EBIT (Q2, 2020)

8.5m

Market capitalization (1-Jun-2020)

2.4b

Closing stock price (1-Jun-2020)

23.6

Cash (1-Feb-2020)

166.0m

EV

2.4b
Stitch Fix's current market capitalization is $2.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

977.1m1.2b1.6b

Revenue growth, %

34%26%29%

Cost of goods sold

542.7m690.5m874.4m

Gross profit

434.4m536.0m703.1m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

295.6m295.9m316.7m366.2m370.3m408.9m444.8m451.8m

Cost of goods sold

166.5m168.5m178.5m201.1m207.1m224.4m243.5m249.6m

Gross profit

129.0m127.4m138.2m165.2m163.1m184.4m201.3m202.2m

Gross profit Margin, %

44%43%44%45%44%45%45%45%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

110.6m297.5m170.9m

Inventories

67.6m85.1m118.2m

Current Assets

197.8m417.0m482.4m

PP&E

26.7m34.2m54.9m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(594.0k)44.9m36.9m

Depreciation and Amortization

7.7m10.5m14.3m

Inventories

(26.4m)(19.4m)(41.2m)

Accounts Payable

7.8m35.5m10.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

13.5m17.1m26.6m10.7m22.7m29.7m(178.0k)11.3m

Depreciation and Amortization

2.3m4.9m7.5m3.2m6.5m10.2m4.7m10.3m

Inventories

(24.2m)(19.5m)(18.6m)(23.2m)(22.9m)(27.8m)(31.8m)(31.6m)

Accounts Payable

14.0m10.8m29.6m26.0m7.0m20.1m21.7m(4.9m)
USDY, 2020

EV/EBIT

282.9 x

EV/CFO

62.9 x

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
Show all financial metrics

Stitch Fix Operating Metrics

Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020

Active Clients

1.67 m1.85 m1.92 m2.07 m2.19 m2.40 m2.51 m2.69 m2.74 m2.93 m2.96 m3.13 m3.24 m3.42 m3.47 m

Brands

700
Show all operating metrics

Stitch Fix Acquisitions / Subsidiaries

Company NameDateDeal Size
FINERYAugust 30, 2019
Stitch Fix Gift Cards, LLC
Stitch Fix International (Cayman), Ltd.
Stitch Fix International (Delware), Inc
Stitch Fix UK, Ltd.

Stitch Fix Online and Social Media Presence

Embed Graph

Stitch Fix Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    A+

    81/100

  • Compensation

    D

    51/100

  • Diversity

    D

    54/100

Learn more on Comparably

Stitch Fix News and Updates

Stitch Fix Announces Date for Third Quarter Fiscal 2020 Earnings Release and Conference Call

Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that it will release its financial results for its third quarter of fiscal year 2020 ended May 2, 2020 after market close on Monday, June 8, 2020 followed by a conference call at 2:00 p.m. PT / 5:00 p.m. ET…

Stitch Fix Provides Business Update in Response to COVID-19 Pandemic

Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that it is withdrawing its business outlook for the third quarter and fiscal year 2020 previously provided in its shareholder letter on March 9, 2020, due to the increasing uncertainty resulting from the COV…

Stitch Fix Announces the Temporary Closure of Two Distribution Centers as a Result of State and Local Public Health Orders

Stitch Fix, Inc. (NASDAQ:SFIX) the leading online personal styling service, today announced that, as a result of current public health orders in San Mateo County, California and in Pennsylvania, it is temporarily closing two of its distribution centers. The South San Francisco, California distributi…

Stitch Fix Plunges After Growth Story Endangered by Forecast Cut

Stitch Fix Plunges After Growth Story Endangered by Forecast Cut

Stitch Fix Announces Second Quarter Fiscal Year 2020 Financial Results

Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, has released its financial results for the second quarter of fiscal year 2020 ended February 1, 2020, and posted a letter to its shareholders on its investor relations website.

Stitch Fix officially launches 'Shop Your Looks'

As of last week, Stitch Fix's "Shop Your Looks" is out of beta and available to all women's and men's customers in the U.S., a spokesperson told Retail Dive in an email.
Show more

Stitch Fix Blogs

Want to make good business decisions? Learn causality

Made with DAGitty While the proliferation in the amount of data modern businesses collect has created many opportunities, it has also introduced challenges for sound decision-making. In some organizations, earnest efforts to be “data-driven” devolve into a culture of false certainty in which…

Newsvendor Problem – The Tale of the First Formula in the Textbook

Introduction Near our offices here at Stitch Fix, there’s a weekly farmers market. We’ve noticed an interesting pattern. When the market opens, seasonal produce, bread, and nuts fill tables and food stands. By the end of the day, however, the table with the strawberries is almost empty, while y…

2019 Summer Intern Projects

Thank you to all the 2019 summer interns that worked with the Stitch Fix Algorithms team. This post is a summary of some of the projects they worked on. We appreciate all your contributions and insights! We will soon be recruiting for summer 2020 interns. Improving Estimation and Testing of Select…

Many Roads to the Algorithms Team at Stitch Fix

Academic composition of the Stitch Fix Algorithms team. Circle size is proportional to the number of team members with that background. Data and algorithms are at the heart of Stitch Fix. The work of our Algorithms team (= data science + algorithms platform) spans nearly the breadth of the e…

How do I layer a sweater over a button-up without it looking lumpy?

Layering is the name of the game when it comes to cold weather or overactive air conditioning. Tossing a hoodie over your favorite t-shirt is one thing, but how do you layer up and look professional for work at the same time? One of the best combinations is a light or midweight sweater over a […] Th…

How do I stretch overly snug boots?

Stitch Fix Finally score the boots of your dreams, but they’re a bit too tight? Life is too short for uncomfortable shoes, so thankfully there are simple stretching solutions to get those boots or booties ready to boogie. Keep scrolling to learn how to stretch boots! Use Leather Oil Conditioner on G…
Show more

Stitch Fix Frequently Asked Questions

  • When was Stitch Fix founded?

    Stitch Fix was founded in 2011.

  • Who are Stitch Fix key executives?

    Stitch Fix's key executives are Katrina Lake, Elizabeth Spaulding and Eric Colson.

  • How many employees does Stitch Fix have?

    Stitch Fix has 8,000 employees.

  • What is Stitch Fix revenue?

    Latest Stitch Fix annual revenue is $1.6 b.

  • What is Stitch Fix revenue per employee?

    Latest Stitch Fix revenue per employee is $197.2 k.

  • Who are Stitch Fix competitors?

    Competitors of Stitch Fix include Le Tote, Wantable and Trunk Club.

  • Where is Stitch Fix headquarters?

    Stitch Fix headquarters is located at 1 Montgomery St, San Francisco, San Francisco.

  • Where are Stitch Fix offices?

    Stitch Fix has offices in San Francisco, Austin, Pittsburgh, Bethlehem and in 7 other locations.

  • How many offices does Stitch Fix have?

    Stitch Fix has 11 offices.