Stitch Fix and American Eagle Outfitters will report earnings this week
Personal styling service Stitch Fix Inc (NASDAQ:SFIX) will report fiscal second-quarter earnings results after the close on March 11. Analysts anticipate losses of 11 cents per share, an improvement from the 21-cent losses from the same quarter a year ago. On the charts, SFIX was last seen down 3.4% at $4.09 amid the broader market selloff, adding to its 5% year-to-date deficit. Year over year, the shares are still up 64%.
SFIX has a split earnings history, finishing two post-earnings sessions higher in 2024 and two in 2023. The stock has averaged a large 22.3% next-day move, regardless of direction, over these past two years, and the options pits are pricing in a 32.7% next-day swing this time around.
American Eagle Outfitters Inc (NYSE:AEO) will report fourth-quarter earnings after the close on March 12. Zacks Research anticipates earnings of 50 cents per share, which reflects an 18.03% decrease from the same quarter last year. AEO was down 4.9% at $12.20 at last glance, nearing its recent March 5, 52-week low of $11.60. Year to date, the equity is down 26.7%.
AEO has a staggeringly dismal post-earnings history, finishing only one next-day session higher over the last two years (March of 2023). The stock has averaged a 7.4% post-earnings, regardless of direction, which is smaller than the 16.7% move the options pits are pricing in this time around.