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In this clip from The Call @ Hedgeye, Retail analyst Brian McGough flags Stitch Fix, Inc. (SFIX) getting clobbered, while discussing where this stock stands after Tuesday’s major move. “They are moving forward with their ‘free-style’ business, which is sidestepping from the AI, stylist driven, customized ‘we build your wardrobe for you’ type apparel model,” explains McGough. “Now they’re going towards this model where they are turning into just your average, run-of-the-mill, shmuck apparel retailer. Just a poor quality apparel retailer with brands that aren’t even as good as you can find at even worse companies like Macy’s (M).” |
CLICK HERE to read our recent flashback on Stitch Fix, Inc. (SFIX).
(This clip is a small taste of what our subscribers get each day on The Call @ Hedgeye. In a nutshell, The Call is our morning research call hosted by Hedgeye CEO Keith McCullough with our 40+ analyst research team. It helps small and large investors alike make better decisions via unique and investable stock/sector updates Click here to learn more.)