Chewy Inc - Class A NYSE:CHWY Price, Chart, News & Insight

Chewy Holds Near Flat Despite Strong Results as Investors Weigh Long-Term Growth Outlook

Chewy (NYSE: CHWY) traded slightly lower on Wednesday following a strong first-quarter earnings report, with the muted reaction reflecting investor caution after a difficult year for the stock rather than concerns about the quarter itself.

The online pet products retailer reported first-quarter revenue of $3.36 billion, up 7.7% year over year, while delivering record profitability. Gross margin expanded to 30.1%, adjusted EBITDA surged 31% to $253.1 million, and adjusted earnings per share increased to $0.43. The company also added nearly 200,000 net active customers during the quarter, demonstrating continued market share gains.

Despite these solid results, Chewy shares remain down roughly 55% over the past year. That decline has been driven by broader concerns about slowing consumer spending, uncertainty surrounding growth in the pet industry, and investor skepticism about whether pandemic-era demand trends can be sustained over the long term.

As a result, the market's focus has shifted beyond quarterly earnings beats toward the company's ability to deliver sustained growth over multiple years. While Chewy's profitability has improved significantly, investors continue to watch closely for signs of accelerating customer growth, increasing spending per customer, and expanding opportunities in higher-margin categories such as pet healthcare, pharmacy services, and sponsored advertising.

The latest results suggest management is executing well. Revenue growth outpaced much of the broader pet retail market, margins reached record levels, and free cash flow generation remained strong. Chief Executive Officer Sumit Singh emphasized that Chewy continues to gain market share despite a challenging consumer environment.

The stock's muted reaction likely reflects a market that was already expecting strong results and remains focused on longer-term questions rather than near-term profitability improvements. After losing more than half its value over the past year, investors appear to be waiting for clearer evidence that Chewy can return to a more sustained growth trajectory before significantly re-rating the shares.

Nevertheless, the quarter reinforced Chewy's position as one of the strongest operators in the pet retail industry. If the company can continue combining mid-to-high single-digit revenue growth with expanding margins and consistent customer additions, investor sentiment toward the stock could improve substantially over time.

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European Investor 06-10-26

Chewy Posts Strong Third-Quarter Results as Margins and Profit Surge

Chewy reported another quarter of solid growth for fiscal Q3 2025, with net sales rising 8.3 percent year over year to $3.12 billion. Profitability improved sharply: net income reached $59.2 million, lifting net margin to 1.9 percent, up 180 basis points from a year ago. Basic and diluted earnings per share rose to $0.14, a $0.13 improvement.

The company delivered significant gains in adjusted metrics as well. Adjusted EBITDA increased to $180.9 million, with the margin expanding to 5.8 percent. Adjusted net income climbed to $135.7 million, supporting adjusted diluted EPS of $0.32.

CEO Sumit Singh said Chewy continues to outperform the broader pet care market, citing strong execution, structural resilience, and free cash flow generation. The company exceeded the high end of its Q3 sales outlook while expanding margins.

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The Investor 12-10-25

Chewy, Inc. has released its financial results for the first quarter of fiscal year 2025 ended May 4, 2025.

Fiscal Q1 2025 Highlights:

•Net sales of $3.12 billion increased 8.3 percent year over year
•Gross margin of 29.6 percent decreased 10 basis points year over year
•Net income of $62.4 million, including share-based compensation expense and related taxes of $78.0 million
•Net margin of 2.0 percent decreased 30 basis points year over year
•Basic earnings per share of $0.15, consistent year over year
•Diluted earnings per share of $0.15, consistent year over year
•Adjusted EBITDA(1) of $192.7 million, an increase of $29.8 million year over year
•Adjusted EBITDA margin(1) of 6.2 percent increased 50 basis points year over year
•Adjusted net income(1) of $148.9 million, an increase of $11.8 million year over year
•Adjusted basic earnings per share(1) of $0.36, an increase of $0.04 year over year
•Adjusted diluted earnings per share(1) of $0.35, an increase of $0.04 year over year

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WS Investor 06-12-25

Chewy CFO David Reeder to Depart; Company Reaffirms Q1 Guidance

Chewy, Inc. (NYSE: CHWY) announced that Chief Financial Officer David Reeder will leave the company in the coming months to become CEO of a semiconductor firm. Reeder will remain in his current role through Chewy’s next earnings release in June and will assist in a smooth leadership transition.
CEO Sumit Singh expressed appreciation for Reeder’s contributions and emphasized that the company’s long-term strategy and business momentum remain on track. Chewy also reaffirmed its previously issued financial guidance for the first quarter of fiscal 2025.
The company has initiated a search for Reeder’s successor.
Chewy reiterated its commitment to delivering high-quality pet products and services, supported by its extensive online platform and partnerships with over 3,200 brands.

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WS News 05-13-25

Chewy, Inc. Appoints Dr. Nat Goldhaber to Board of Directors

Plantation, Florida – Chewy, Inc. (NYSE: CHWY) announced that its Board of Directors has increased its size from thirteen to fourteen directors, appointing Dr. Nat Goldhaber as a Class I director. His term will expire at the Company’s annual meeting of stockholders in 2026.

Dr. Goldhaber brings extensive experience in venture capital, clean energy, and technology, having co-founded Claremont Creek Ventures and founded CyberGold, Inc. He has held prominent leadership roles at Kaleida Labs, Cole Gilburne Goldhaber & Ariyoshi Management, and Sun Microsystems.

Dr. Goldhaber will receive standard non-affiliated director compensation, and the Company has entered into an indemnification agreement with him. His appointment was made without any arrangement or understanding with other persons.

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ME NEWS 04-28-25

Chewy Amends Credit Agreement, Extends Maturity to 2030
Plantation, FL – April 1, 2025 – Chewy, Inc. (NYSE: CHWY) announced it has entered into Amendment No. 3 to its Asset-Based Lending (ABL) Credit Agreement, originally dated June 18, 2019.

Key changes include:

Extension of the maturity date to April 1, 2030

Removal of the 10 basis point SOFR credit spread adjustment

Enhanced flexibility in financial covenants and reporting

Increased thresholds for default events

Greater capacity for additional revolving commitments

The amended agreement involves Wells Fargo as administrative agent and JPMorgan Chase as syndication agent. The update was disclosed under Items 1.01 and 2.03 in a Form 8-K filed with the SEC.

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ME NEWS 04-03-25

Chewy ends fiscal 2024 with record sales, improved margins, and strong customer growth

Chewy reported fiscal fourth quarter 2024 net sales of $3.25 billion, a 14.9% increase year over year, and full-year sales of $11.86 billion, up 6.4%. quarterly gross margin expanded 30 basis points to 28.5%, while adjusted ebitda rose 44% to $124.5 million. full-year net income reached $392.7 million, up significantly from $39.6 million in 2023, with a net margin of 3.3%. adjusted diluted earnings per share for the year grew to $1.04 from $0.69. autoship customer sales represented over 79% of annual sales, reflecting strong loyalty. free cash flow for the year was $452.5 million, up 31.9%. the company ended the year with 20.5 million active customers and remains focused on innovation and strategic execution in 2025.

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WS News 03-26-25

Chewy, Inc. announced the appointment of Deborah Ellinger to its Board of Directors, increasing the board size from twelve to thirteen members. Ellinger, an experienced executive and board member, has extensive expertise in consumer products and pet-related industries. She is currently a Senior Advisor at Boston Consulting Group (BCG), where she works with private equity clients in consumer and retail investments.

Her career includes leadership roles as CEO or President at multiple private-equity-backed companies, including Ideal Image, The Princeton Review, Restoration Hardware, and Wellness Pet Food. She also held senior executive positions at CVS Pharmacy, Staples, and BCG, and began her career in banking at Mellon Financial Corporation.

Ellinger has served on various public and private boards, including Tupperware, iRobot, Covetrus, Sealy, and Interpublic, among others. She holds a Bachelor of Arts and Master of Arts from the University of Cambridge, UK, and is a non-practicing Barrister-at-Law.

The Board determined that Ellinger qualifies as an independent director under SEC and NYSE regulations. She will serve as a Class II director with a term expiring in 2027 and will receive Chewy’s standard annual compensation for non-affiliated directors. Additionally, she has entered into an indemnification agreement with the company similar to those of other directors.

There are no related-party transactions requiring disclosure, and her appointment was not based on any prior arrangement or understanding with other individuals.

This appointment is effective as of February 21, 2025, and was officially signed by Da-Wai Hu, General Counsel and Secretary of Chewy, Inc.

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European Investor 02-26-25

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