Chewy Inc Stock News

Chewy, Inc. (CHWY -11.75%) reported its Q1 FY2025 earnings on June 11th, delivering net sales of $3.12 billion (+8.3% year-over-year), adjusted EBITDA of $192.7 million (6.2% adjusted EBITDA margin), and 20.8 million active customers (+3.8% year-over-year).

Chewy (CHWY -9.30%) stock tumbled 10% through 11:20 a.m. ET Wednesday despite beating analyst forecasts on both top and bottom lines.

Chewy, Inc. (NYSE:CHWY ) Q1 2025 Earnings Conference Call June 11, 2025 8:00 AM ET Company Participants David W. Reeder - Chief Financial Officer Natalie Nowak - Corporate Participant Sumit Singh - CEO & Director Conference Call Participants Curtis Smyser Nagle - BofA Securities, Research Division David Leonard Bellinger - Mizuho Securities USA LLC, Research Division Douglas Till Anmuth - JPMor...

Pet e-tailer Chewy Inc  (NYSE:CHWY) reported a first-quarter earnings miss before the open, overshadowing its revenue beat.

Here's our initial take on Chewy's (CHWY -11.46%) fiscal 2025 first-quarter results.

Chewy (NYSE:CHWY) reported better-than-expected revenue and adjusted earnings per share for the first quarter, but weak guidance sent its shares lower pre-market. The company reaffirmed its full-year sales guidance in the range of $12.3 billion to $12.45 billion, representing growth of 6% to 7%, at the midpoint slightly below Street estimates of $12.42 billion.

Chewy's stock was set to drop as a decline in gross margins surprised investors, who have been growing more optimistic about the company.

Shares of Chewy (CHWY) fell sharply in premarket trading Wednesday as the online pet retailer's first-quarter profit came in below analysts' expectations.