1808 ET - Stitch Fix managed to eke out a slight rise in sales in its latest quarter, up 0.7% to $325 million to beat expectations from both the company and Wall Street for another decline. The surprise growth was helped by positive customer responses to the styling service's increased flexibility and stronger assortment, CEO Matt Baer says on a call with analysts. Stitch Fix now offers larger "fixes" of up to eight items for existing clients and a higher variety of on-trend styles, both which drove higher average order value, he says. The quarter also saw the lowest sequential decline in active clients in three years, he says. Shares rise 8.1% in after-hours trading. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
June 10, 2025 18:09 ET (22:09 GMT)
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