Financial Performance - Net sales for the 13 weeks ended October 29, 2023, were $2,738,611, an increase of 8.2% compared to $2,532,122 for the same period last year[21] - Adjusted EBITDA for the 39 weeks ended October 29, 2023, was $279,167, reflecting a 30.5% increase from $213,970 in the prior year[21] - Free cash flow for the 39 weeks ended October 29, 2023, was $276,458, a significant increase of 258.2% compared to $77,179 in the prior year[21] - The company reported a net loss of $35,810 for the 13 weeks ended October 29, 2023, compared to a net income of $2,311 in the same period last year[21] - Adjusted net income for the 39 weeks ended October 29, 2023, was $213,576, up 36.8% from $156,151 in the previous year[21] - Basic and diluted loss per share for the 13 weeks ended October 29, 2023, was $(0.08), a decrease from earnings of $0.01 in the same period last year[24] Customer Metrics - Active customers decreased by 1.3% to 20,266 from 20,524 year-over-year[21] - Net sales per active customer increased by 13.8% to $543 from $477 in the same period last year[21] - Autoship customer sales increased by 12.8% to $2,093,077 from $1,855,979 year-over-year[21] Future Outlook - The company anticipates sustaining growth rates and expanding into new offerings while managing macroeconomic risks[32]

Chewy, Inc. (NYSE:CHWY) Q2 2023 Earnings Conference Call August 30, 2023 5:00 PM ET Company Participants Jen Hsu - Head of IR Sumit Singh - CEO Stacy Bowman - Interim CFO Conference Call Participants Doug Anmuth - JPMorgan Eric Sheridan - Goldman Sachs Steven Zaccone - Citi Anna Andreeva - Needham Dylan Carden - William Blair Mark Mahaney - Evercore Brian Fitzgerald - Wells Fargo Nathan Feather - Morgan Stanley Trevor Young - Barclays Seth Basham - Wedbush Lee Horowitz - Deutsche Bank Steven Forbes - Guggen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or For the transition period from ____ to ____ CHEWY, INC. (Exact name of registrant as specified in its charter) Delaware 90-1020167 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 7700 West Sunrise Boulevard, Plantation, Florida 33322 (Address of principal executive offices) (Zip Code ...

Chewy, Inc. (NYSE:CHWY) Q1 2023 Earnings Conference Call May 31, 2023 5:00 PM ET Company Participants Jen Hsu - Vice President, Head of Investor Relations Sumit Singh - Chief Executive Officer Mario Marte - Chief Financial Officer Conference Call Participants Mark Mahaney - Evercore Doug Anmuth - JPMorgan Anna Andreeva - Needham Rupesh Parikh - Oppenheimer Rick Patel - Raymond James Corey Grady - Jefferies David Bellinger - ROTH MKM Brian Fitzgerald - Wells Fargo Steven Zaccone - Citi Lee Horowitz - Deutsch ...

Financial Performance - Net sales for the thirteen weeks ended April 30, 2023, were $2,784,675, an increase of $356,348 or 14.7% compared to $2,428,327 for the same period in 2022[146]. - Gross profit for the same period increased by $123.6 million, or 18.5%, to $791.5 million, with gross profit as a percentage of net sales rising by 90 basis points[147]. - Net income for the thirteen weeks ended April 30, 2023, was $22,181, compared to $18,472 for the same period in 2022[184]. - The Company reported earnings attributable to common Class A and Class B stockholders of $22.181 million for the 13 weeks ended April 30, 2023, compared to $18.472 million for the same period in 2022, representing a year-over-year increase of approximately 20.5%[190]. - Basic earnings per share increased to $0.05 for the 13 weeks ended April 30, 2023, up from $0.04 for the same period in 2022, reflecting a 25% increase[190]. - Adjusted EBITDA reached $110,174, up 82.1% from $60,516 in the previous year, with an adjusted EBITDA margin of 4.0%[251]. - Net income for the same period was $22,181, a 20.1% increase from $18,472 in the prior year[251]. Cash Flow and Liquidity - Net cash provided by operating activities was $148,392 for the thirteen weeks ended April 30, 2023, compared to $82,433 for the same period in 2022[151]. - Free cash flow for the period was $126,819, significantly up from $6,412 in the previous year[251]. - The company maintains sufficient liquidity with cash and cash equivalents, marketable securities, and availability under its revolving credit facility for at least the next twelve months[150]. - Net cash used in investing activities was $66,038 for the thirteen weeks ended April 30, 2023, primarily for marketable securities and capital expenditures[153]. Sales and Customer Metrics - The company reported an increase in consumables sales by $306,245 or 18.0% to $2,004,384 for the thirteen weeks ended April 30, 2023[146]. - Autoship customer sales increased to $2,080,510, an 18.6% rise from $1,753,681 in the same period last year[251]. - Active customers decreased slightly to 20,419 from 20,601, reflecting a 0.9% decline[251]. Expenses and Costs - Selling, general, and administrative expenses for the period were $583,666, up from $504,283 in the prior year[184]. - Share-based compensation expense totaled $48,553, compared to $25,794 in the prior year[242]. - The Company recorded depreciation expense on property and equipment of $21.3 million for the 13 weeks ended April 30, 2023, compared to $12.1 million for the same period in 2022, indicating an increase of approximately 76.0%[215]. Assets and Investments - Total current assets as of April 30, 2023, were $1.734 billion, an increase from $1.520 billion as of January 29, 2023, indicating a growth of approximately 14.1%[195]. - Total assets increased to $2.738 billion as of April 30, 2023, up from $2.515 billion as of January 29, 2023, representing an increase of approximately 8.9%[195]. - The Company had no outstanding borrowings under the ABL Credit Facility as of April 30, 2023, maintaining a borrowing capacity of $749.6 million[188]. - The Company recorded interest income of $8.878 million for the 13 weeks ended April 30, 2023, compared to $256,000 for the same period in 2022, marking a significant increase[207]. - The estimated purchase price for an acquisition was $43.281 million, with cash and cash equivalents acquired amounting to $2.881 million[210]. Strategic Focus and Operational Changes - The company is focused on margin expansion across its consumables, healthcare, and specialty businesses, contributing to gross profit growth[147]. - The company continues to adapt its logistics and supply chain processes in response to evolving macroeconomic conditions, including rising inflation and interest rates[249]. - The company emphasizes the importance of considering adjusted EBITDA and adjusted EBITDA margin alongside other financial performance measures[254]. - Adjusted Net Income and Adjusted Basic and Diluted Earnings per Share were highlighted as key metrics for performance evaluation[255]. Internal Controls and Compliance - There were no material changes in internal control over financial reporting during the thirteen weeks ended April 30, 2023[158]. - The Company granted 8,895 restricted stock units (RSUs) with a weighted-average grant-date fair value of $35.21 during the 13 weeks ended April 30, 2023[220]. - As of April 30, 2023, total unrecognized compensation expense related to unvested RSUs was $626.0 million, expected to be recognized over a weighted-average period of 3.1 years[222].

Chewy, Inc. (NYSE:CHWY) Q4 2022 Results Conference Call March 22, 2023 5:00 PM ET Company Participants Bob LaFleur - Vice President, Investor Relations Sumit Singh - Chief Executive Officer Mario Marte - Chief Financial Officer Conference Call Participants Nat Schindler - Bank of America Anna Andreeva - Needham Jian Li - Evercore ISI Doug Anmuth - JPMorgan Corey Grady - Jefferies Seth Basham - Wedbush Brian Fitzgerald - Wells Fargo Lauren Schenk - Morgan Stanley Operator Good afternoon. Thank you for attend ...

10 Our ability to improve margins and maintain profitability will also depend on the factors described above. We cannot provide assurance that we will be able to successfully manage any of the foregoing challenges to our future growth. Any of these factors could cause our net sales growth to decline and may adversely affect our margins and profitability. We have also benefited from increasing pet ownership and discretionary spending on pets. To the extent these trends slow or reverse, our net sales, margins ...

Chewy, Inc. (NYSE:CHWY) Q3 2022 Earnings Conference Call December 8, 2022 5:00 PM ET Company Participants Robert LaFleur - Vice President, Investor Relations Sumit Singh - Chief Executive Officer Mario Marte - Chief Financial Officer Conference Call Participants Doug Anmuth - JPMorgan Mark Mahaney - Evercore Anna Andreeva - Needham & Company Brian Fitzgerald - Wells Fargo Corey Grady - Jefferies Lee Horowitz - Deutsche Bank Eric Sheridan - Goldman Sachs Dylan Carden - William Blair Justin Kleber - Baird Chr ...

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 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SE ...

Chewy, Inc. (NYSE:CHWY) Q2 2022 Earnings Conference Call August 30, 2022 5:00 PM ET Company Participants Robert LaFleur - Vice President, Investor Relations Sumit Singh - Chief Executive Officer Mario Marte - Chief Financial Officer Conference Call Participants Corey Tarlowe - Jefferies Brian Fitzgerald - Wells Fargo Doug Anmuth - JPMorgan Lauren Schenk - Morgan Stanley Anna Andreeva - Needham Dylan Carden - William Blair Eric Sheridan - Goldman Sachs Deepak Mathivanan - Wolfe Research Justin Kleber - Baird ...