earnings
confidence high
sentiment positive
materiality 0.80
Chewy Q2 net sales $3.33B (+7.3% YoY), raises FY outlook
Chewy, Inc.
- Net sales $3.33B, up 7.3% YoY (5.7% ex SmartPak/Modern Animal); gross margin 30.4% flat YoY.
- Net income $80.5M; diluted EPS $0.20 vs $0.14 prior year; adjusted diluted EPS $0.36 vs $0.33.
- Adjusted EBITDA $226.7M, up $43.4M YoY; adjusted EBITDA margin 6.8%, +90bps.
- Company raises full-year revenue and profitability outlook; CEO cites recurring revenue base and customer growth.