earnings
confidence high
sentiment positive
materiality 0.75
Chewy Q1 net sales $2.78B (+14.7% YoY); net income $22.2M, adj. EBITDA $110.2M
Chewy, Inc.
2023-Q1 EPS reported
$0.05
revenue$2,784,675,000
- Net sales $2.78B, +14.7% YoY; gross margin 28.4% expanded 90 bps YoY.
- Net income $22.2M (incl. $53.8M SBC); adjusted net income $87.2M; adj. EPS $0.20.
- Autoship customer sales 74.7% of net sales (+250 bps); net sales per active customer $512 (+14.8%).
- Active customers 20.4M (-0.9% YoY); free cash flow $127M (+$120M YoY).
- Adj. EBITDA $110.2M (+$49.7M YoY), margin 4.0% (+150 bps).