Tag Archives: Stitch Fix Inc

Stitch Fix shares soar as sales top estimates, styling service raises full-year outlook

The Stitch Fix application for download in the Apple App Store on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard | Bloomberg | Getty Images Stitch Fix shares soared on Monday after the online shopping and styling […]

Incoming Stitch Fix CEO says the ‘timing felt right’ for executive transition after Covid

Incoming Stitch Fix CEO Elizabeth Spaulding told CNBC on Thursday the company is confident in the timing of its executive shakeup, explaining that the coronavirus pandemic “accelerated everything” for the online styling service. Spaulding, who currently serves as president, is set to take over the reins from founder and CEO Katrina Lake on Aug. 1. […]

Stitch Fix shares fall as company’s founder Katrina Lake steps down as CEO

Stitch Fix shares fell more than 5% Tuesday afternoon after the company announced that founder Katrina Lake would step down as CEO. The company’s president, Elizabeth Spaulding, will start as chief executive on Aug. 1, according to a news release. Lake founded the online styling service a decade ago when she was a student at Harvard […]