SAN FRANCISCO (AP) _ Stitch Fix Inc. (SFIX) on Monday reported fiscal second-quarter earnings of $11.4 million.
On a per-share basis, the San Francisco-based company said it had profit of 11 cents.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The online clothing styling service posted revenue of $451.8 million in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $452.8 million.
Stitch Fix shares have fallen 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $21.35, a decline of 20% in the last 12 months.