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Stitch Fix Raises Full-Year Outlook, As Membership Climbs 17 Percent

Seeing strength in Stitch Fix’s membership improvement and strong revenue, investors sent its stock soaring by more than 30 percent after the subscription service released its third-quarter results following market close Wednesday. In a Nutshell: So far in FY19, Stitch Fix has grown its membership base to 3.1 million, marking 17 percent growth over the comparable…

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