Stitch Fix, the subscription fashion service, had its first big stumble when it reported fourth-quarter earnings in October—a rough way to mark its one-year anniversary as a public company. Starting its new fiscal year was rough as well. The company on Monday reported first-quarter earnings of 10 cents a share on revenue of $366 million, beating analysts’ estimates and marking a 24% increase in revenue over the same period last year. The metric that is most important for subscription services, however, is active clients....

Source: Wall Street Journal December 11, 2018 02:15 UTC