US’ Stitch Fix returns to growth but client base shrinks in Q3 FY25

Jun 19, 2025 - 01:00
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US’ Stitch Fix returns to growth but client base shrinks in Q3 FY25
Stitch Fix reported a 0.7 per cent year-over-year revenue rise to $325 million in Q3 FY25, marking a return to growth. Despite this, active clients fell 10.6 per cent to 2.35 million. Net revenue per client rose 3.2 per cent, while gross margin dropped to 44.2 per cent. The company posted a $7.4 million loss but maintained strong cash reserves. Its Q4 and full-year revenue are expected to decline.

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