Stitch Fix: Fiscal Q4 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Stitch Fix Inc. (SFIX) on Wednesday reported a loss of $2.1 million in its fiscal fourth quarter.

On a per-share basis, the San Francisco-based company said it had a loss of 2 cents. Losses, adjusted for restructuring costs, came to 1 cent per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.

The online clothing styling service posted revenue of $324.4 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $325 million.

For the year, the company reported a loss of $12.6 million, or 9 cents per share. Revenue was reported as $1.35 billion.

For the current quarter ending in October, Stitch Fix said it expects revenue in the range of $323 million to $328 million.

The company expects full-year revenue in the range of $1.31 billion to $1.36 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFIX at https://www.zacks.com/ap/SFIX