Added to YB: 2026-04-20
Pitch date: 2026-04-18
SFIX [bullish]
Stitch Fix, Inc.
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
Stitch Fix, Inc. engages in the provision of clothing and accessories in the United States. The company offers women’s, men’s, kids, petite, maternity, and plus apparel, and shoes, as well as personal styling services through its website and mobile application.
Market Cap
$436.9M
Pitch Price
N/A
Price Target
9.40
Dividend
N/A
EV/EBITDA
38.62
P/E
-16.93
EV/Sales
0.22
Sector
Specialty Retail
Category
turnaround
Operational inflection + GLP-1 winner
SFIX (new position): Long online apparel retailer at operational inflection—rev growth reaccelerated +0.7%→+9.4% over 4Q, mgmt guides first client growth since 2023. GLP-1 tailwind (weight-loss Fix mentions +75% YoY) drives RPAC/reactivations. ~$226M net cash (~half mkt cap), resumed $105M buyback, Nov 2027 Class B governance unlock adds activist/M&A optionality. Cheap at 0.2x EV/rev, 5x FY27 EBITDA vs 10x avg. PT $6.40 FY27 (+60%), $9.40 FY28 (+140%). Risk: $50M SBC (~10% dilution/yr).
Read full article (7 min)