Retail turnarounds aren’t easy. That’s especially the case now as the Trump administration tariffs weigh on apparel margins and consumer sentiment. Can one be pulled off successfully against this uncertain backdrop? Yahoo Finance Executive Editor Brian Sozzi discusses the Opening Bid Unfiltered podcast with Stitch Fix (SFIX) CEO Matt Baer. Baer joined Stitch Fix in June 2023, after spending time in e-commerce leadership positions at Macy’s and Walmart. He arrived at a company with numerous challenges, including a bleeding market share, a recently ousted CEO, and poor employee morale after a material restructuring. Baer has leaned into technology to lay the groundwork for better days at Stitch Fix, such as AI stylist assistants and soon style visualization tools. While business trends have improved, Stitch Fix has a long way to go to reclaim the stock’s 85% value loss over the past five years.
Yahoo Finance's Opening Bid Unfiltered brings you a high-octane take on the freshest analyst calls, wildest stock moves, and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor, before the stock market opens.
Find this episode's transcripts and more episodes of Opening Bid Unfiltered at http://finance.yahoo.com/videos/series/opening-bid/.
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Yahoo Finance's Opening Bid Unfiltered is hosted by Brian Sozzi and produced by Langston Sessoms.
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