earnings
confidence high
sentiment neutral
materiality 0.70
Chewy Q1 net sales up 13.7% to $2.43B; net income drops 52.3% to $18.5M
Chewy, Inc.
2022-Q1 EPS reported
$0.04
revenue$2,428,327,000
- Net sales $2.43B, +13.7% YoY; net income $18.5M vs $38.7M, down 52.3%.
- Adjusted EBITDA $60.5M, -21.8% YoY; adjusted EBITDA margin 2.5% vs 3.6%.
- Active customers 20.6M, +4.2% YoY; net sales per active customer $446, +14.9%.
- Autoship customer sales 72.2% of net sales, up from 69.3%.
- Gross margin 27.5% (-10 bps YoY); net margin 0.8% vs 1.8%.