Stitch Fix Inc
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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Value
Company profile

Stitch Fix, Inc. is an online personalized styling service company. The Company operates primarily in the United States and United Kingdom. The Company combines the human touch of stylists with the precision of advanced data science to make online personal styling accessible to everyone. The Company serves its clients in categories, such as women's, petite, maternity, men's, kids, and plus apparel, as well as shoes and accessories. The Company leverages its data science through a custom-built, Web-based styling application that provides recommendations to its stylists from its selection of merchandise. It also gathers a range of merchandise data, such as inseam, pocket shape, silhouette, and fit. Its clients can engage in receiving a personalized shipment of items informed by its algorithms and sent by a Stitch Fix stylist (a Fix). Its clients can purchase directly from its Website or mobile app based on a personalized assortment of outfit and item recommendations.

Closing Price
Day's Change
0.52 (11.76%)
B/A Size
Day's High
Day's Low
(Above Average)

10-day average volume:

Norfolk Southern reports record earnings as revenue per unit jumps 20%, and stock gains

8:59 am ET October 26, 2022 (MarketWatch)

Shares of Norfolk Southern Corp. tacked on 0.3% in premarket trading Wednesday, after the railroad operator reported record third-quarter earnings that beat expectations, boosted by higher fuel surcharges and pricing and "robust" hiring initiatives. Net income rose to $958 million, or $4.10 a share, from $753 million, or $3.06 a share, in the year-ago period. That beat the FactSet consensus for earnings per share of $3.60. Total revenue grew 17.2% to $3.34 billion, above the FactSet consensus of $3.23 billion, with revenue per unit up 20% due to higher fuel surcharges and pricing. Norfolk's Coal and Merchandise business segments beat revenue expectations, to offset a slight miss by its Intermodal business. Operating expenses rose more than revenue, up 20.7% to $2.07 billion, as operating profit as a percentage of revenue contracted to 38.0% from 39.8%. The stock has dropped 11.8% over the past three months, as the railroad industry faced the threat of labor strikes. In comparison, the Dow Jones Transportation Average has slipped 2.7% and the Dow Jones Industrial Average has edged up 0.2%.

-Tomi Kilgore


(END) Dow Jones Newswires

October 26, 2022 08:59 ET (12:59 GMT)

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