Stitch Fix Q3 Call: The Turnaround Test

Stitch Fix held its fiscal third-quarter earnings call after Tuesday's market close. CEO Matt Baer and CFO David Aufderhaar took questions from analysts at UBS, Northland Capital Markets, Telsey Advisory Group, Mizuho Securities, and Bernstein.

The company released full results earlier in the afternoon. The call gave investors a chance to hear directly about the strategy Baer has pursued since taking the helm in 2023. Stitch Fix works to stabilize revenue and expand its client base after years of decline.

Analysts asked about client acquisition costs, the performance of the Freestyle service, and the outlook for the holiday quarter. Baer reiterated the focus on personalization and operational efficiency. Aufderhaar addressed gross margin trends and cash flow.

The transcript of the call is available on the company's investor relations page. The next quarterly report will come in September.