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Stitch Fix sees Q4 advertising 9%-10% of revenue

Says making effort to increase client engagement. Says testing new promotional approach. Says continues to scale AI inventory tool. Says expects FY24 transportation costs will be lower than any year since FY20. Sees Q4 advertising 9%-10% of revenue. Says expects active clients to be lower quarter-over-quarter in Q4. Comments and guidance taken from Q3 earnings conference call.

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