Earnings Results: Stitch Fix shares soar as company reaches $2 billion in sales for first time

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Stitch Fix Inc. said Tuesday it gained more clients and its revenue rose 29% in the fourth quarter, helping propel the company to more than $2 billion in annual sales for the first time.

Stitch Fix SFIX shares surged nearly 18% after hours, after falling 2.5% in the regular session to close at $35.46.

The clothing-subscription company said…