Chewy Inc.
- Chewy Inc. plunged 16.6% to $35.11 despite the online pet food store operator's earnings matching market expectations.
Chewy stock had run up in anticipation of its quarterly results in the hopes that the company's results would deliver outsized earnings growth.
Consolidated revenue increased 9% to $3.10 billion from $2.85 billion, net income plunged to $62 million from $299.1 million, and diluted earnings per share fell to 14 cents from 68 cents a year ago.
Autoship sales grew 15%, making up 83% of total sales, indicating customer loyalty, and both active customers and net sales per average customer rose 4.5% to 21 million and $591, respectively.
Active customers and NSPAC each increased 4.5% from a year ago to nearly 21 million and $591, respectively, highlighting the company’s strong value proposition.
The company estimated adjusted earnings per share between 28 cents and 33 cents, and sales to range between $3.07 billion and $3.1 billion.
Chewy hiked its annual revenue guidance to a range of $12.5 billion and $12.6 billion, from the previous range between $12.3 billion and $12.45 billion.
Sep 11, 2025 - Chewy Inc. dropped 0.7% to $33.0 after the online pet food retailer reported increased sales in the fiscal fourth quarter of 2024 ending in February.
Net sales increased to $3.25 billion from $2.82 billion, net income declined to $22.79 million from $31.89 million, and diluted earnings per share fell to 5 cents from 7 cents a year ago.
For the full year, net sales edged up to $11.86 billion from $11.15 billion, net income surged to $392.74 million from $39.58 million, and diluted earnings per share increased to 91 cents from 9 cents a year ago.
Mar 27, 2025 - 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
| 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 | - | - | - | - | - |