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Stitch Fix Just Crushed Q1 Earnings, but Does It Belong in Your Portfolio?

Stitch Fix Just Crushed Q1 Earnings, but Does It Belong in Your Portfolio?

On June 7, online styling service Stitch Fix (NASDAQ: SFIX) released its fiscal 2021 third quarter results. Stitch Fix is clearly building some momentum with the easing of COVID-19 lockdowns. In Stitch Fix's fiscal third quarter (the three-month period ended May 1, 2021), revenue grew 44% year over year to $536 million.