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Stitch Fix: Fiscal Q2 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Stitch Fix Inc. (SFIX) on Wednesday reported a loss of $2.7 million in its fiscal second quarter.

On a per-share basis, the San Francisco-based company said it had a loss of 2 cents.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.

The online clothing styling service posted revenue of $341.3 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $338.8 million.

For the current quarter ending in April, Stitch Fix said it expects revenue in the range of $330 million to $335 million.

The company expects full-year revenue in the range of $1.33 billion to $1.35 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFIX at https://www.zacks.com/ap/SFIX

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