Fashion subscription service Stitch Fix reported a narrower annual loss for fiscal 2025, as revenue trends improved and the company pushed forward with its transformation strategy.
For the fourth quarter ended August 2, revenues slipped 2.6% to $311.2 million. Adjusting for the extra week in fiscal 2024, however, sales rose 4.4%. The company posted a net loss of $8.6 million, or $0.07 per diluted share. Active clients fell 7.9% year-over-year to 2.31 million, though revenue per active client increased 3% to $549.
For the full-year, Stitch Fix generated $1.27 billion in revenue, down 5.3% from fiscal 2024, or 3.7% lower excluding the extra week. Net loss narrowed to $28.8 million, or $0.22 per share.
“Fiscal 2025 was a milestone year for Stitch Fix. We finished the year with our second