Stitch Fix shares fell 15% postmarket following disappointing quarterly results. The company's stock is on track for its worst drop ever, with a 25.6% decline premarket. Analysts, including MarketWatch, are concerned about the company's forecast, as the CEO acknowledged significant work needed for a turnaround. Meanwhile, H&M reported a Q3 net profit of SEK 2.31 billion, down from SEK 3.32 billion year-on-year, and an operating profit of SEK 3.51 billion, missing estimates of SEK 4.63 billion. Despite strong sales in July, August, and September, H&M abandoned its 2024 earnings margin target of 10% and announced a SEK 1 billion share buyback. The company's shares dropped 8% following the profit miss and scrapped margin target.