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Stitch Fix closes two distribution centers due to coronavirus
Stitch Fix Inc. said Friday that it will have to shutter distribution centers in San Mateo County, Calif. and in Pennsylvania. The closures come after government mandates to curb the spread of the coronavirus. The California facility will be closed until April 7. The Bethlehem, Penn. facility will be closed indefinitely until Gov. Tom Wolf announces an end date. Stitch Fix has four other facilities in the U.S. Stitch Fix stock is up 5.8% in Friday premarket trading, but down 47.8% over the last year. The S&P 500 index has tumbled 14.7% over the past 12 months.
https://finance.yahoo.com/m/2cb8cde...6cb78e14/stitch-fix-closes-two.html?.tsrc=rss
Stitch Fix Inc. said Friday that it will have to shutter distribution centers in San Mateo County, Calif. and in Pennsylvania. The closures come after government mandates to curb the spread of the coronavirus. The California facility will be closed until April 7. The Bethlehem, Penn. facility will be closed indefinitely until Gov. Tom Wolf announces an end date. Stitch Fix has four other facilities in the U.S. Stitch Fix stock is up 5.8% in Friday premarket trading, but down 47.8% over the last year. The S&P 500 index has tumbled 14.7% over the past 12 months.
https://finance.yahoo.com/m/2cb8cde...6cb78e14/stitch-fix-closes-two.html?.tsrc=rss