Chewy Inc.
- Chewy Inc. decreased 3.3% to $31.44 after the company announced a fully underwritten stock offering of $500 million by a key shareholder.
Buddy Chester Sub LLC will receive all proceeds from the offering, and concurrently Chewy said it plans to acquire $50 million of its share directly from the investor.
Dec 12, 2024 - Chewy Inc. decreased 1.9% to $32.99, and the online pet food store reported mixed quarterly results.
Revenue in the third quarter increased to $2.88 billion, and diluted earnings per share were 20 cents per share.
However, the company's estimate of revenue in the fourth quarter and full year was ahead of market expectations.
Dec 4, 2024 - Chewy jumped 6.5% to 18.0 after the online pet food store reported better-than-expected fiscal first quarterly results.
Revenue in the fiscal first quarter increased to $2.9 billion from $2.8 billion, net income to $67.3 million from $22.8 million, and diluted earnings per share advanced to 15 cents from 5 cents a year ago.
Chewy also announced today that its board has authorized a share repurchase program of up to $500 million of its Class A and/or Class B common stock.
The company's active customer base in the quarter edged slightly lower to 20.0 million from 20.4 million a year ago, and net sales per active customer increased to $562 from $513 a year ago.
The company estimated net sales in the fiscal second quarter to range between $2.84 billion and $2.86 billion, an increase of between 2% and 3% from a year ago.
The company estimated fiscal year 2024 sales to range between $11.6 billion and $11.8 billion, an increase of between 4% and 6% from the previous year.
May 29, 2024 - Chewy Inc dropped 15.1% to $23.12 after the online pet food retailer said second quarter sales of $2.78 billion and diluted earnings per share of 4 cents.
The company said in a conference call with investors that active customers declined 0.6% to 20.4 million and customers are trading down amid high inflation.
Net sales for active customer increased 14.7% to $530 and auto customers sales increased 240 basis points to 75.5%.
Despite the customers substituting lower priced treats for pets, gross margin increased 20 basis points to 28.3%, indicating prudent promotional activities.
Net sales increased 14.3% to $2.78 billion and net income declined to $18.9 million from $22.3 million and diluted earnings per share fell to 4 cents from 5 cents a year ago.
Aug 31, 2023 - Chewy Inc soared 23.5% to $36.43 after the online retailer of pet foods reported better-than-expected quarterly results.
Net sales in the fiscal first quarter increased 14.7% to $2.78 billion and net income increased to $22.2 million from $18.5 million and diluted earnings per share rose to 5 cents from 4 cents a year ago.
Jun 1, 2023
| Year | Q1 | Q2 | Q3 | Q4 | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 0.02 | 0.05 | 0.04 | -0.08 | - | |
| 2022 | -0.15 | 0.04 | 0.05 | 0.01 | 0.12 | |
| 2021 | 0.05 | 0.09 | -0.04 | -0.08 | -0.18 | |
| 2020 | - | - | - | - | -0.23 | |
| 2019 | - | 0.08 | 0.21 | 0.20 | -0.63 | |
| 2018 | - | - | - | - | - | |
| 2017 | - | - | - | - | - | |
| 2016 | - | - | - | - | - | |
| 2015 | - | - | - | - | - |