Recent retail earnings showed a good deal of doom and gloom signs of a weakened consumer spending. Both Macy’s Inc (NYSE: M) and Nordstrom Inc (NYSE: JWN) saw falling digital sales.
Gainers
Kimball International, Inc. (NASDAQ: KBAL) shares jumped 84.9% to $12.40 after HNI Corporation announced it will acquire the company for $485 million.
Stitch Fix (NASDAQ:SFIX) reported quarterly losses of $(0.28) per share which beat the analyst consensus estimate of $(0.34) by 17.65 percent. This is unchanged from the same period last year. The company reported
Stitch Fix (NASDAQ:SFIX) reported quarterly losses of $(0.58) per share which missed the analyst consensus estimate of $(0.34) by 70.59 percent. This is a 107.14 percent decrease over losses of $(0.28) per share from the
Stitch Fix Inc (NASDAQ: SFIX) is scheduled to report fiscal second-quarter results Tuesday after the bell. Despite being up more than 50% since the start of the year, Stitch Fix shares are still down nearly 55% over a one-year period.