U.S. Stock Movers: Carparts.com, Dollar Tree, Chewy

Scott Peters
27 Mar, 2025
New York City

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.

Dollar Tree Inc. eased 0.30% to $69.00 after the deep discount store retailer reported results for the fiscal fourth quarter of 2024 ending in February.

Revenue edged up to $4.99 billion from $4.96 billion, net loss widened to $3.69 billion from a loss of $1.71 billion, and diluted loss per share increased to $17.17 from a loss of $7.83 a year ago.

Same-store net sales in the quarter advanced 2% on 0.7% traffic and 1.3% ticket.

The company agreed to sell its Family Dollar business to Brigade and Macellum for $1.01 billion.

The discount retailer guided for the first quarter of 2025 net sales to be between $4.5 billion and $4.6 billion, compared to $7.63 billion in 2024, and adjusted earnings per share from continuing operations between $1.10 and $1.25, compared to $1.38 a year ago.

For the full year, Dollar Tree estimated net sales to be between $18.5 billion and $19.1 billion, compared to $17.58 billion in 2024, and adjusted earnings per share from continuing operations between $5.00 and $5.50, compared to $4.83 in 2024.

Comparable store net sales are expected to grow in the range of 3% to 5% both in the first quarter and the full year 2025.

Carparts.com Inc. traded flat at $1.00 after the car parts and repair services provider reported lower sales in 2024.

Net sales dropped to $588.85 million from $675.73 million, net loss widened to $40.60 million from $8.22 million, and diluted loss per share increased to 71 cents from a loss of 15 cents a year ago.

In the fourth quarter, net sales declined to $133.5 million from $156.4 million, net loss widened to $15.4 million from $6.1 million, and diluted loss per share increased to 27 cents from a loss of 11 cents a year ago.