US Stock Market Move | Fashion technology company Stitch Fix (SFIX.US) rose nearly 9% and will announce its Q4 and full-year performance on September 24th.

On Friday, as of the time of writing, the fashion technology company Stitch Fix (SFIX.US) rose nearly 9%, reaching $3.945 per share. The company will release its financial performance for the fourth quarter and the entire fiscal year ending August 3, 2024, after the market closes on September 24, 2024 (Tuesday). The company combines data science with personal stylists to provide customers with personalized fashion recommendations and clothing subscription services. Stitch Fix's main business model involves customers providing their personal style preferences, sizes, budgets, and other information. Based on this data and algorithm analysis, combined with recommendations from professional stylists, the company selects suitable clothing and accessories for customers and regularly sends them to customers. Customers can try on these clothes at home and only pay for the items they keep, while the items they do not wish to purchase can be returned for free.