Stitch Fix’s stock rallies after styling service boosts full-year sales forecast - MarketWatch
1. Stitch Fix raised its fiscal-year sales forecast to $1.225-$1.240 billion. 2. Shares surged 18.6% post-announcement, reflecting positive investor sentiment. 3. Sales fell 5.5% year-over-year but exceeded analyst forecasts. 4. Active clients decreased by 15.5%, yet remained above expectations. 5. CEO noted improvements in customer experience are being recognized by clients.