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

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

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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