earnings
confidence high
sentiment positive
materiality 0.85
Chewy Q1 net sales up 3.1% to $2.88B, adjusted EBITDA record $162.9M; authorizes $500M buyback
Chewy, Inc.
2024-Q1 EPS reported
$0.15
revenue$2,877,725,000
- Net sales $2.88B (+3.1% YoY); gross margin 29.7% (+130bps); net income $66.9M.
- Adjusted EBITDA $162.9M (+$52.1M YoY), margin 5.7% (+170bps); adjusted diluted EPS $0.31.
- Board authorized up to $500M share repurchase of Class A/B common stock; no expiration date.
- Net margin 2.3% (+150bps); basic EPS $0.15, up $0.10 YoY.