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Stitch Fix Needs a ‘Make It Work’ Moment

Stitch Fix is about as polarizing to investors right now as low rise jeans are to consumers. The online styling company reported solid earnings Tuesday for the period ended Oct. 30, with revenue and adjusted earnings before interest, taxes, depreciation and amortization coming in above Wall Street’s estimates. But active clients of just 4.18 million…

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Macy’s is tipped by M Science to top estimates

M Science lifts estimates on Macy’s (M+0.7%) after noting strengthening trends in Q3 on a rebound in October driven by both online and brick and mortar.Analyst Matthew Jacob points to Kids’ and juniors’ products share increasing for Macy’s indicating a strong back-to-school season. In addition, Macy’s (NYSE:M) market spend share is also noted to be…

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High prices spell no demand problem for resurgent Uber and Lyft

Uber and Lyft are emerging from the pandemic as leaner, lower-cost companies with a long-elusive operating profit and the unexpected power to raise prices without alienating riders. Ride-hail fares have surged to unprecedented levels this year due to a driver shortage. Much to the companies’ delight, riders so far appear undeterred, flocking back to the…

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