Stitch Fix Inc. is getting a little of its old mojo back on the top line — and Matt Baer, who’s spent two years turning around the business as chief executive officer, is feeling validated.
“We worked really hard to get here,” Baer told WWD as the company capped its fiscal year with its second-consecutive quarter of sales growth after a long drought. “We’re obviously going to continue to work really hard, but what continues to strengthen my confidence is the validation that we have the right strategy, we’ve got the right team and we’re executing at a high level.”
Stitch Fix ’s fourth-quarter revenues grew 4.4 percent to $311 million, excluding an extra week in fiscal 2024. Revenue per active client rose 3 percent to $549.
The styling service — which offers shoppers AI and human he