US Stock Market News | Fashion technology company Stitch Fix rose nearly 9% and will announce Q4 and full-year performance on September 24th

On Friday, as of the time of publication, fashion technology company Stitch Fix rose nearly 9% to $3.945. The company is set to release its fourth-quarter and full-year financial results for the period ending August 3, 2024, after the market closes on September 24, 2024 (Tuesday). Stitch Fix combines data science with human stylists to provide customers with personalized fashion recommendations and clothing subscription services. The company's main business model involves customers providing their style preferences, sizes, budgets, and other information. Based on this data and algorithm analysis, along with recommendations from professional stylists, Stitch Fix selects suitable clothing and accessories for customers and regularly delivers them to their doorstep. Customers can try on these clothes at home, only paying for the items they keep, while the rest can be returned for free