Stitch Fix has demonstrated efficient cost management, evident through the decline in selling, general, and administrative (SG&A) expenses, and cost of goods sold. Strategic actions, including optimizing operational processes and carefully managing expenditure, have contributed to these reductions. SG&A expenses decreased 6.7% from $184.2 million in the prior-year quarter to $171.8 million in the quarter under review. Similarly, the cost of goods sold fell 20% from $219.7 million in the previous year to $175.8 million in the fiscal third quarter. The company's focus on diversifying carriers and optimizing logistics has led to the lowest transportation costs as a percentage of net sales since fiscal 2020. The closure of the Dallas distribution center further contributed to cost savings and operational efficiency. Stitch Fix has successfully reduced SG&A expenses by more than $400 million on an annualized basis since the third quarter of fiscal 2022.