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Stitch Fix Priced, Nasdaq: SFIX

Online personal-styling service and clothing retailer.

Industry: Technology

First Day Return: +1.0%

Industry: Technology

Stitch Fix was inspired by the vision of a client-first, client-centric new way of retail. We are reinventing the shopping experience by delivering one-to-one personalization to our clients through the combination of data science and human judgment. This combination drives a better client experience and a more powerful business model than either element could deliver independently. Since our founding in 2011, we have helped millions of clients discover and buy what they love through personalized shipments of apparel, shoes and accessories, hand-selected by Stitch Fix stylists and delivered to our clients' homes. We call each of these shipments a Fix. Clients can choose to schedule automatic shipments or order a Fix on-demand after they fill out a style profile on our website or mobile app. For each Fix, we charge clients a styling fee that is credited toward items they purchase. After receiving a Fix, our clients purchase the items they want to keep and return the other items, if any, at no additional charge. As of July 29, 2017, we had 2,194,000 active clients. In 2016 and 2017, our repeat rate was 83% and 86%, respectively.
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IPO Data
IPO File Date 10/19/2017
Offer Price $15.00
Price Range $18.00 - $20.00
Offer Shares (mm) 8.0
Deal Size ($mm) $120
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/16/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $120
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters San Francisco, CA, United States
Founded 2011
Employees at IPO 5,800
Website www.stitchfix.com

Stitch Fix (SFIX) Performance