By Elias Schisgall

Stitch Fix posted higher revenue and increased its market share as it narrowed its loss in the fiscal second quarter.

The online personal-styling-services company on Wednesday recorded a loss of $2.7 million, or 2 cents a share, compared with a loss of $6.5 million, or 5 cents a share, a year earlier.

Revenue rose to $341.3 million, up from $312.1 million a year earlier.

Analysts surveyed by FactSet were expecting a loss of 5 cents a share and revenue of $332.8 million. The company had guided for revenue between $335 million and $340 million.

The company reported about 2.3 million active clients, a 0.8% decrease from the previous quarter and a 3.5% decrease year-over-year. Net revenue per active client was $577, a 7.4% year-over-year increase.

Chief Executive Matt Baer said the company gained market share in the second quarter, saying that artificial-intelligence features and improvements to the platform and assortment were driving client engagement.

For the current third quarter, the company expects revenue of between $330 million and $335 million, with adjusted earnings before interest, taxes, depreciation, and amortization of between $7 million and $10 million.

Analysts are expecting $335 million in revenue and adjusted Ebitda of $9.6 million.

Stitch Fix also narrowed its full-year revenue outlook, projecting revenue between $1.33 billion and $1.35 billion, up from a previous range of $1.32 billion to $1.35 billion. It raised its adjusted Ebitda outlook for the year to between $42 million and $50 million.

Analysts are expecting $1.34 billion in revenue and adjusted Ebitda of $43.8 million for full year.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

March 11, 2026 16:05 ET (20:05 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.