secwatch.observer — SEC 8-K summary
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Issuer:     Chewy, Inc. (CHWY)
CIK:        0001766502
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001766502-24-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chewy Q1 net sales up 3.1% to $2.88B, adjusted EBITDA record $162.9M; authorizes $500M buyback
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766502/000176650224000018/0001766502-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766502/000176650224000018/chwy-20240524.htm
  HTML page:      https://secwatch.observer/filing/0001766502-24-000018

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