earnings
confidence high
sentiment neutral
materiality 0.75
Chewy Q3: Net sales $2.21B (+24% YoY), Adjusted EBITDA $6M, net loss $32.2M
Chewy, Inc.
2021-Q3 EPS reported
-$0.02
revenue$6,502,375,000
- Net sales of $2.21B, up 24.1% YoY; gross margin 26.4% (+90 bps).
- Net loss of $32.2M (incl. $19.1M SBC); net margin (1.5)% improved 30 bps.
- Adjusted EBITDA of $6.0M, up 9.9% YoY; margin flat at 0.3%.
- Active customers grew 14.7% to 20.4M; net sales per active customer $419 (+15.4%).
- Autoship customer sales were 70.6% of net sales (vs 69.2% last year).