Stitch Fix Made Investors Rich

And, why a Japan-based crypto surged.

March 12, 2025

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Today is Wednesday, March 12, 2025.

The Early Bird Index today is 66.58

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Stitch Fix Made Investors Rich

Stitch Fix $SIX ( ▼ 3.44% ) is closing in on a comeback. The online personal styling service surged 19.40% in after-hours trading on Tuesday after posting improved financial results.

Financials: Stitch Fix reported a loss of 5 cents per share and revenue of $312.1 million in the past quarter, both of which were better than expected.

Details: Revenue is declining, but the company is doing better than feared. The stock fell after the pandemic ended, but is up 77% in the last 12 months. Investors were pleased.

Outlook: Stitch Fix said revenue in the current quarter will be between $311 million to $316 million, which is also better than expected.

Early Bird’s Nest Egg Gains: Stitch Fix has implemented several strategies to turn things around in recent months.

  • The company has made significant cost reductions, including layoffs and the closure of its U.K. business and distribution center.

  • Stitch Fix also expanded some offerings and focused on higher lifetime-value clients. 

Final Thoughts: Can Stitch Fix’s comeback continue even if the economy struggles?

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Notables

Notable Earnings Today: Adobe (Nasdaq: ADBE), American Eagle Outfitters (NYSE: AEO), UiPath (NYSE: PATH), iRobot (Nasdaq: IRBT), Sprinklr (NYSE: CXM), Arcos Dorados (NYSE: ARCO), Calavo Growers (Nasdaq: CVGW), SentinelOne (NYSE: S), ABM Industries (NYSE: ABM), Tilly’s (NYSE: TLYS), Crown Castle (NYSE: CCI), Phreesia (NYSE: PHR), Amarin (Nasdaq: AMRN), AudioEye (Nasdaq: AEYE), EHang Holdings (Nasdaq: EH), electroCore (Nasdaq: ECOR), Hello Group (Nasdaq: MOMO), Magnachip Semiconductor (NYSE: MX), Ondas Holdings (Nasdaq: ONDS), Vera Bradley (Nasdaq: VRA), ZIM Integrated Shipping Services (NYSE: ZIM).

Notable IPOs Today: Rithm Property Trust Inc. (NYSE: RPT).

Notable Equity Crowdfunding Campaigns Ending Today: Zero Carbon (Wefunder), Pytheas Energy (Equifund).

Notable Economic Events Today: Core CPI / Consumer Price Index (8:30 a.m. ET), Crude Oil Inventories (10:30 a.m. ET), Federal Budget Balance (2:00 p.m. ET).

Why a Japan-based Crypto Surged

Source: RYO Coin

The price of RYO Coin, a Japan-based cryptocurrency project, surged by 11% on Tuesday following a project announcement.

Powering the Story: The team behind RYO Coin introduced "RYO-CHAN" to its ecosystem on Tuesday, which is said to promote safety and transparency in crypto.

Final Thoughts: RYO Coin also rose on Tuesday as the broader crypto market experienced positive momentum.

Groupon Posts Improved Financial Results

Groupon $GRPN ( ▲ 0.61% ) surprised investors on Tuesday by posting better-than-expected financial results, sending the stock up 23.44% in after-hours trading.

Financials: While the company is still losing money, revenue in the past quarter came in at $130.4 million, which was better than expected.

Final Thoughts: Groupon, down 18% this year, begins its comeback story.

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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.