Stitch Fix, Inc. (SFIX) financial statements (2022 and earlier)

Company profile

Business Address 1 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
State of Incorp. DE
Fiscal Year End July 31
SIC 5961 - Catalog and Mail-Order Houses (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

1/31/2022
Q2
10/31/2021
Q1
7/31/2021
Q4
4/30/2021
Q3
1/31/2021
Q2
10/31/2020
Q1
7/31/2020
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments266,930312,115231,331222,926306,988388,325286,492
Cash and cash equivalents193,878249,677129,785124,737140,031200,346143,455
Short-term investments73,05262,438101,54698,189166,957187,979143,037
Receivables27,62427,62427,667    
Inventory, net of allowances, customer advances and progress billings183,458184,129212,294215,628182,422156,786124,816
Inventory183,458184,129212,294215,628182,422156,786124,816
Other undisclosed current assets53,44048,90250,51256,86249,91152,32255,002
Total current assets:531,452572,770521,804495,416539,321597,433466,310
Noncurrent Assets
Operating lease, right-of-use asset144,836136,849118,565124,275130,291135,561132,615
Nontrade receivables27,05427,05427,054    
Property, plant and equipment104,55798,97586,95980,80073,57671,27570,369
Long-term investments and receivables82,18288,42059,03579,62162,39541,59295,097
Long-term investments82,18288,42059,03579,62162,39541,59295,097
Deferred income tax assets      333
Other noncurrent assets8,1675,3545,7325,0255,54334,3634,705
Other undisclosed noncurrent assets   48,58444,896  
Total noncurrent assets:366,796356,652297,345338,305316,701282,791303,119
TOTAL ASSETS:898,248929,422819,149833,721856,022880,224769,429
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities219,452244,510172,527201,757213,435240,347162,767
Accounts payable124,431129,22973,49983,09896,788129,54785,177
Accrued liabilities95,021115,28199,028118,659116,647110,80077,590
Deferred revenue27,60926,07828,05730,59327,21223,28221,649
Customer refund liability10,70014,20011,70012,2009,0008,7005,000
Other liabilities2,8641,7642,0276,1768,3445,9023,406
Other undisclosed current liabilities16,01611,68114,00213,46816,71816,83119,333
Total current liabilities:276,641298,233228,313264,194274,709295,062212,155
Noncurrent Liabilities
Long-term debt and lease obligation151,704144,014121,623127,922134,341140,298140,175
Operating lease, liability151,704144,014121,623127,922134,341140,298140,175
Liabilities, other than long-term debt8,8218,5808,36412,22313,43816,27716,062
Other liabilities8,8218,5808,36412,22313,43816,27716,062
Total noncurrent liabilities:160,525152,594129,987140,145147,779156,575156,237
Total liabilities:437,166450,827358,300404,339422,488451,637368,392
Stockholders' equity
Stockholders' equity attributable to parent, including:461,082478,595460,849429,382433,534428,587401,037
Treasury stock, value(10,996)      
Additional paid in capital463,143437,246416,755406,891392,205367,760348,750
Accumulated other comprehensive income9912,4933,4113,2763,2681,7272,728
Retained earnings7,94238,85440,68119,21338,05959,09849,557
Other undisclosed stockholders' equity attributable to parent2222222
Total stockholders' equity:461,082478,595460,849429,382433,534428,587401,037
TOTAL LIABILITIES AND EQUITY:898,248929,422819,149833,721856,022880,224769,429

Income statement (P&L) ($ in thousands)

1/31/2022
Q2
10/31/2021
Q1
7/31/2021
Q4
4/30/2021
Q3
1/31/2021
Q2
10/31/2020
Q1
7/31/2020
Q4
Revenues516,724581,244571,159535,589504,087490,423443,408
Cost of revenue
(Cost of Goods and Services Sold)
(283,920)(308,327)(305,707)(289,199)(287,744)(270,972)(244,298)
Gross profit:232,804272,917265,452246,390216,343219,451199,110
Operating expenses(263,502)(274,767)(244,710)(270,609)(256,694)(238,984)(213,377)
Operating income (loss):(30,698)(1,850)20,742(24,219)(40,351)(19,533)(14,267)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(45)(109)(449)395(107)(205)(162)
Income (loss) from continuing operations before equity method investments, income taxes:(30,743)(1,959)20,293(23,824)(40,458)(19,738)(14,429)
Other undisclosed income from continuing operations before income taxes1713343634446421,1611,033
Income (loss) from continuing operations before income taxes:(30,572)(1,625)20,656(23,380)(39,816)(18,577)(13,396)
Income tax expense (benefit)(340)(202)8124,53418,77728,118(31,071)
Net income (loss) available to common stockholders, diluted:(30,912)(1,827)21,468(18,846)(21,039)9,541(44,467)

Comprehensive Income ($ in thousands)

1/31/2022
Q2
10/31/2021
Q1
7/31/2021
Q4
4/30/2021
Q3
1/31/2021
Q2
10/31/2020
Q1
7/31/2020
Q4
Net income (loss):(30,912)(1,827)21,468(18,846)(21,039)9,541(44,467)
Comprehensive income (loss):(30,912)(1,827)21,468(18,846)(21,039)9,541(44,467)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,502)(918)13581,541(1,001)1,213
Comprehensive income (loss), net of tax, attributable to parent:(32,414)(2,745)21,603(18,838)(19,498)8,540(43,254)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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