HomeInvestingEarningsStitch Fix (SFIX) Lagging Behind Rent The Runway & Nuuly
Stitch Fix (SFIX) Lagging Behind Rent The Runway & Nuuly

Stich Fix (SFIX) stock price is down over 75% year-to-date even with a seeming necessity for new clothes among employees returning to the office and travel demand picking up. “Consumers are getting new clothes but not through Stich Fix. The SFIX stock price peaked during the Covid-19 pandemic. Social media consumer mentions of buying new clothes or updating their wardrobe are down 8% year-over-year. Stich Fix competitors like Nuuly and Rent the Runway (RENT) are performing better in regards to purchase intent and consumer happiness,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh in on the Stich Fix (SFIX) CEO, Elizabeth Spaulding, making comments regarding company outlook.

Fast Market

20 Sep 2022

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