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Stitch Fix Pins Revenue Growth on ‘Rapid Sourcing’

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Stitch Fix pleasantly surprised Wall Street analysts with its first-quarter results, seeing earnings of 9 cents per share on $9.5 million in net income, while net revenue rose 10 percent to $490.4 million. These totals exceeded the average analyst estimates for a per share loss of 18 cents and net sales of $481 million, according…

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