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Stitch Fix shares plunge after FY2027 guidance disappoints
The retailer posted Q4 FY2026 revenue of $324.4 million and $19.8 million in free cash flow, but its FY2027 revenue growth outlook raised concerns.
Stitch Fix shares fell about 25% in morning trading Thursday, Sept. 24, after the company delivered fourth-quarter earnings for fiscal year 2026. The decline was driven less by the quarter itself and more by guidance for fiscal 2027, which suggested the turnaround may take longer. In Q4 FY2026, Stitch Fix reported revenue of $324.4 million, up 4.2% year over year. That figure was slightly below consensus of $325.5 million but was higher than $311.2 million in the prior year period, marking the company’s sixth straight quarter of year-over-year revenue growth. For the full year, the company said revenue grew 6.4% year over year, its first full year of revenue growth since 2021. Stitch Fix also generated $19.8 million in free cash flow, ending the year with $220.9 million in cash and investments and no debt, but guidance indicated this year’s year-over-year revenue growth may not continue, according to MarketBeat Ratings.