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Stitch Fix: Margins Under Pressure From Gross Margin Cycle, Valuation Unrealistic Jun. 11, 2025 2:42 PM ET Stitch Fix, Inc. (SFIX) Stock ANF, GIII, SFIX 5 Comments Quipus Capital 1.58K Follower s ...
Therefore, we lift 2020 gross margin to 26.1% from 24.2% previously, resulting in a 19% increase in our 2020 operating income to TWD 16.8 billion.
We also cut gross margins for 2024 and 2025 to 7.5% from 8.1%, reflecting our view of continuous price cuts from the medical device sector. As a result, our fair value estimate is reduced to HKD ...
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