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Stitch Fix Q3 revenues decline 16 percent

Stitch Fix’s third quarter net revenue of 322.7 million dollars, decreased 16 percent year-over-year. Gross margin for the quarter of 45.5 percent, increased 280 basis points, net loss was 22 million dollars and diluted loss per share was 18 cents. The company reported adjusted EBITDA of 6.7 million dollars. Commenting on the third quarter...