meta_pixel
Tapesearch Logo
Log in
MarketFoolery

Stitch Fix: Pain and Possibility

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 9 March 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

Stitch Fix falls 30% after rough 2nd-quarter results and guidance. Thor Industries crushes earnings but deals with supply chain issues. Bill Barker analyzes those stories as well as the latest results from Dick’s Sporting Goods.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Tuesday, March 9th.

0:04.2

Welcome to Marketfoolery.

0:05.4

I'm Chris Hill with me today, the one and only Bill Barker.

0:08.6

Thanks for being here.

0:10.4

Thanks for having me.

0:11.6

We've got athletic apparel retail.

0:13.6

We've got recreational vehicles.

0:16.1

We're going to start with the stock of the day.

0:18.6

Shares of stitchfix are falling 30% this morning.

0:22.8

Second quarter revenue was lower than expected.

0:25.4

These are spending less on stitchfix platform.

0:29.9

Companies also dealing with shipping delays.

0:32.8

If you're looking for a silver lining, the loss in the second quarter was smaller than

0:37.3

expected.

0:38.3

But as silver linings go, that's not a great one.

0:42.8

No, it's not a great one, although I think if you can rewind a little bit to just before

0:51.9

the previous earnings announcement, the stock is still higher today, even though it's been

0:56.2

cut in half than it was at the end of November.

1:02.1

It ran ahead of itself on some guidance that it was going to do 20% or better growth this

1:09.3

year.

1:10.3

It's cut back on that.

1:11.3

So it really took off, even though if you look at the quarter as a whole, the previous

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.