secwatch.observer — SEC 8-K summary
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Issuer:     Chewy, Inc. (CHWY)
CIK:        0001766502
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0001766502-22-000016
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chewy Q1 net sales up 13.7% to $2.43B; net income drops 52.3% to $18.5M
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766502/000176650222000016/0001766502-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766502/000176650222000016/chwy-20220601.htm
  HTML page:      https://secwatch.observer/filing/0001766502-22-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer