It's Tuesday, December 10th.

Welcome to Market Foolry.

Thanks for listening.

I'm Chris Hill joining me in studio, the one and only,

Abby Mellon.

Thanks for being here.

Thanks for having me.

We've got some earnings.

We've got another CEO on the move. We're going to start with stitch fix, which was expected to post a loss in the first quarter and instead the online clothing styling service broke even and I

guess that was good enough because Stitchfix shares are up about 10%.

Yeah people are really excited I think that break-even point is always sort of like an

inflection point for companies and anytime you hit it earlier than expected it's

obviously going to be positive but there was a lot to be excited about in this quarter, I think.

So what in particular did you see that, because this is not a company where you have a particularly

flamboyant CEO coming out making pronouncements about profitability from now

until the end of time?

No, definitely not.

But I think, you know, when you look at their key metrics, so active client count was about

3.4 million, which is up 17% year over year.

Net revenue increased 21% year over year in the quarter.

So just comparing those two metrics, you know, new clients are continuing to spend at an increasing pace, which is good.

You mentioned the break-even point.

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