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Stitch Fix Gross Margin %

: 44.90% (As of Jul. 2020)
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Gross Margin % is calculated as gross profit divided by its revenue. Stitch Fix's Gross Profit for the three months ended in Jul. 2020 was $199 Mil. Stitch Fix's Revenue for the three months ended in Jul. 2020 was $443 Mil. Therefore, Stitch Fix's Gross Margin % for the quarter that ended in Jul. 2020 was 44.90%.


NAS:SFIX' s Gross Margin % Range Over the Past 10 Years
Min: 43.7   Med: 44.26   Max: 44.57
Current: 44.06

43.7
44.57

During the past 5 years, the highest Gross Margin % of Stitch Fix was 44.57%. The lowest was 43.70%. And the median was 44.26%.

NAS:SFIX's Gross Margin % is ranked higher than
67% of the 1018 Companies
in the Retail - Cyclical industry.

( Industry Median: 34.42 vs. NAS:SFIX: 44.06 )

Stitch Fix had a gross margin of 44.90% for the quarter that ended in Jul. 2020 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Stitch Fix was 0.00% per year.


Stitch Fix Gross Margin % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Stitch Fix Annual Data
Jul16 Jul17 Jul18 Jul19 Jul20
Gross Margin % 44.26 44.46 43.70 44.57 44.06

Stitch Fix Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.05 45.26 44.75 40.79 44.90

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Stitch Fix Gross Margin % Distribution

* The bar in red indicates where Stitch Fix's Gross Margin % falls into.



Stitch Fix Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Stitch Fix's Gross Margin for the fiscal year that ended in Jul. 2020 is calculated as

Gross Margin % (A: Jul. 2020 )=Gross Profit (A: Jul. 2020 ) / Revenue (A: Jul. 2020 )
=754.2 / 1711.733
=(Revenue - Cost of Goods Sold) / Revenue
=(1711.733 - 957.523) / 1711.733
=44.06 %

Stitch Fix's Gross Margin for the quarter that ended in Jul. 2020 is calculated as


Gross Margin % (Q: Jul. 2020 )=Gross Profit (Q: Jul. 2020 ) / Revenue (Q: Jul. 2020 )
=199.1 / 443.408
=(Revenue - Cost of Goods Sold) / Revenue
=(443.408 - 244.298) / 443.408
=44.90 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Stitch Fix  (NAS:SFIX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Stitch Fix had a gross margin of 44.90% for the quarter that ended in Jul. 2020 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Stitch Fix Gross Margin % Related Terms


Stitch Fix Gross Margin % Headlines

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