Stitch Fix discloses USD1.8 million revenue from opening gift-card obligations

The September 24 annual filing adds an opening-cohort revenue measure to the gift-card balance already reported in the previous day's results.

Illustrative retail card photograph. It does not depict a card, merchant or provider involved in this report. Photo: SpotOn / Unsplash

The online apparel company's gift-card liability was USD5.923 million at the fiscal year end, compared with USD6.238 million a year earlier. That balance was already present in the September 23 results release; the subsequent filing adds the separate opening-cohort revenue measure.

Stitch Fix recognized USD1.811 million of fiscal 2026 revenue from gift-card obligations present at August 2, 2025. Its September 24 annual filing discloses the opening-cohort amount for the year ended August 1. The online apparel company's gift-card liability was USD5.923 million at the fiscal year end, compared with USD6.238 million a year earlier. That balance was already present in the September 23 results release; the subsequent filing adds the separate opening-cohort revenue measure.

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