secwatch.observer — SEC 8-K summary
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Issuer:     Chewy, Inc. (CHWY)
CIK:        0001766502
Form:       8-K
Filed at:   2025-09-10T23:59:59+00:00
Accession:  0001766502-25-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chewy Q2 net sales $3.10B beat guidance, up 8.6% YoY; adjusted EBITDA rises to $183.3M
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- Net sales $3.10B (+8.6% YoY) exceeded guidance high end; Autoship net sales +15%, 83% of total.
- GAAP net income $62.0M, diluted EPS $0.14, down from $0.68 YoY due to $79.1M stock-based comp.
- Adjusted diluted EPS $0.33 (+$0.09 YoY); adjusted EBITDA $183.3M (+$38.4M); margin 5.9% (+80 bps).
- Active customers ~21M (+4.5% YoY); net sales per active customer $591 (+4.5% YoY).
- Gross margin 30.4% (+90 bps YoY), driven by favorable product mix and cost efficiencies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766502/000176650225000038/0001766502-25-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766502/000176650225000038/chwy-20250910.htm
  HTML page:      https://secwatch.observer/filing/0001766502-25-000038

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