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Can Stitch Fix Stock Recover in 2022?

Can Stitch Fix Stock Recover in 2022?

Investors this year have had a bleak outlook on Stitch Fix (NASDAQ: SFIX) stock. Management tried to put a positive spin on the declines, which are partly due to wider headwinds affecting many e-commerce stocks, but even an eventual rebound in the industry might not be enough to turn Stitch Fix back into a growth stock. Stitch Fix twice lowered its annual sales guidance for fiscal 2022, but growth was still disappointingly weak through late July.