secwatch.observer — SEC 8-K summary
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Issuer:     Chewy, Inc. (CHWY)
CIK:        0001766502
Form:       8-K
Filed at:   2023-05-31T23:59:59+00:00
Accession:  0001766502-23-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chewy Q1 net sales $2.78B (+14.7% YoY); net income $22.2M, adj. EBITDA $110.2M
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766502/000176650223000025/0001766502-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766502/000176650223000025/chwy-20230531.htm
  HTML page:      https://secwatch.observer/filing/0001766502-23-000025

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