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Chewy Stock Slips as Online Pet Supplies Retailer Loses Active Customers
Investopedia· 2024-12-04 19:11
Key TakeawaysChewy posted worse-than-expected profit as the online pet supplies retailer lost active customers and its costs increased.The company reported adjusted EPS of $0.20, below consensus expectations of analysts polled by Visible Alpha.Revenue rose 4.8% year-over-year to $2.88 billion, slightly more than projected. Chewy (CHWY) shares dipped 2.5% Wednesday when the online pet supplies retailer missed profit forecasts as the number of active customers fell and costs rose. The company reported third-q ...
Chewy(CHWY) - 2024 Q3 - Earnings Call Transcript
2024-12-04 16:26
Chewy, Inc. (NYSE:CHWY) Q3 2024 Earnings Call Transcript December 4, 2024 8:00 AM ET Company Participants David Reeder - CFO Sumit Singh - CEO Conference Call Participants Nathan Feather - Morgan Stanley Curtis Nagle - Bank of America Merrill Lynch Doug Anmuth - JPMorgan David Bellinger - Mizuho Steven Zaccone - Citigroup Rupesh Parikh - Oppenheimer Mark Mahaney - Evercore ISI Shweta Khajuria - Wolfe Research Anna Andreeva - Piper Sandler Operator Hello, everyone, and welcome to the Chewy Third Quarter 2024 ...
Chewy (CHWY) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-12-04 16:00
For the quarter ended October 2024, Chewy (CHWY) reported revenue of $2.88 billion, up 5.1% over the same period last year. EPS came in at $0.20, compared to $0.15 in the year-ago quarter.The reported revenue represents a surprise of +0.60% over the Zacks Consensus Estimate of $2.86 billion. With the consensus EPS estimate being $0.23, the EPS surprise was -13.04%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectati ...
Chewy (CHWY) Lags Q3 Earnings Estimates
ZACKS· 2024-12-04 14:15
Chewy (CHWY) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.04%. A quarter ago, it was expected that this online pet store would post earnings of $0.22 per share when it actually produced earnings of $0.24, delivering a surprise of 9.09%.Over the last four quarters, the company h ...
Chewy(CHWY) - 2024 Q3 - Earnings Call Presentation
2024-12-04 13:58
chewy 1 Q3 2024 Financial Results December 4, 2024 | --- | --- ...
Chewy(CHWY) - 2025 Q3 - Quarterly Report
2024-12-04 12:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.01 per share CHWY New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 27, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SE ...
Chewy(CHWY) - 2025 Q3 - Quarterly Results
2024-12-04 12:04
Chewy Announces Third Quarter 2024 Financial Results PLANTATION, Fla., December 4, 2024 (BUSINESS WIRE) — Chewy, Inc. (NYSE: CHWY) ("Chewy"), a trusted destination for pet parents and partners everywhere, has released its financial results for the third quarter of fiscal year 2024 ended October 27, 2024. Fiscal Q3 2024 Highlights: • Net sales of $2.88 billion increased 4.8 percent year over year • Gross margin of 29.3 percent increased 80 basis points year over year • Net income of $3.9 million, including s ...
Buy Chewy Stock Now? Key Tips to Note Ahead of Q3 Earnings
ZACKS· 2024-12-02 17:10
Chewy Inc. (CHWY) is set to announce its third-quarter fiscal 2024 earnings on Dec. 4 before the opening bell. The pet-centric e-commerce company has attracted attention, thanks to its robust growth trajectory and strategic initiatives. However, with earnings just around the corner, it is crucial to determine whether Chewy remains a wise investment at this stage.Chewy’s impressive growth, solid market position and loyal customer base have fortified its position. The Zacks Consensus Estimate places revenues ...
The Zacks Analyst Blog Sprouts Farmers, Deckers Outdoor, Chewy and Torrid
ZACKS· 2024-11-29 08:16
For Immediate ReleasesChicago, IL – November 29, 2024 – Zacks.com announces the list of stocks and featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including Sprouts Farmers Market, Inc. (SFM) , Deckers Outdoor Corp. (DECK) , Chewy, Inc. (CHWY) and Torrid Holdings Inc. (CURV) .Here are highlights from Friday’s Analyst Blog:4 Retail Stocks to Buy as Consumer Co ...
4 Retail Stocks to Buy as Consumer Confidence Continues to Rise
ZACKS· 2024-11-27 21:00
Key TakeawaysSprouts Farmers Market, Deckers Outdoor, Chewy and Torrid Holdings are strong retail stocks to buy now.Retail stocks may gain as US consumer confidence has grown for the past two months, hitting an 18-month high.Register now to see our 7 Best Stocks for the Next 30 Days report - free today!U.S. consumer confidence — a key determinant of the economy’s health — improved in back-to-back months. According to the Conference Board, the Consumer Confidence Index surged to 111.7 in November 2024, follo ...