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

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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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