Q3 2026 Stitch Fix Inc Earnings Call Transcript

Jun 10, 2026 / 09:00 PM GMT

Release Date Price: $3.6 (-0.55%)

Transcript 10-Q8-K

Key Points

Positve

Stitch Fix Inc (SFIX) reported a 4.7% increase in revenue, marking the fifth consecutive quarter of year-over-year revenue growth.
Active clients increased by 21,000 sequentially, reaching a total of 2.3 million.
Revenue per active client (RPAC) reached a record high of $578 in Q3.
Gross margin was strong at 43.7%, with contribution margin remaining above 30% for the ninth consecutive quarter.
The company achieved an adjusted EBITDA of $13.2 million, exceeding expectations.

Negative

Stitch Fix Inc (SFIX) expects a slight sequential decline in active clients in Q4, between 0.5% to 1%.
The company noted an increase in client acquisition costs, which is a concern across the industry.
There was a slower start to the quarter in terms of average order value (AOV), although it rebounded mid-quarter.
Despite revenue growth, the company is operating in an increasingly challenging consumer environment.
Advertising costs were flat at 10.2% of revenue, indicating potential pressure on marketing efficiency.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SFIX.OQ - Stitch Fix Inc
Q3 2026 Stitch Fix Inc Earnings Call
Jun 10, 2026 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Hello, everyone.

Thank you for joining us and welcome to Stitch Fix, 3rd quarter, 2026, earning results conference call.

After today's prepared remarks, we will host a question-and-answer session.

If you would like to ask a question, please press star 1 to raise your hand, to withdraw your question, press star one again.

I will now hand the conference over to Cheryl Valenzuela, head of investor relations.

Please go ahead.

Good afternoon and thank you for joining us today for this Stitch Fix 3rd quarter fiscal 2026 earnings call.

With me on the call are Matt Beer, Chief Executive Officer, and David Alterhart, Chief Financial Officer.

We have posted complete 3 quarter

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