On Wednesday, Chewy Inc. CHWY reported better-than-expected second-quarter 2024 results and reaffirmed annual guidance. The company reported sales of $2.86 billion, up 2.6% year over year, almost in line with the consensus of $2.86 billion and the management guidance of $2.84 billion – $2.86 billion. The retailer of pet supplies reported adjusted EPS of $0.24 compared to the consensus of $0.02 and $0.15 a year ago. In the earnings conference call, the company said unique customers who placed orders through ...

Chewy delivered strong bottom-line growth in its second-quarter report. Shares of Chewy (CHWY 15.58%) were soaring today after the online pet products seller posted strong earnings growth in its second-quarter earnings report, showing the pet products industry may finally be emerging from a long slump. As a result, Chewy stock was up 15% as of 10:20 a.m. ET on the news. Chewy hops over a low bar Chewy's growth rate remained muted in the second quarter as revenue rose 2.6% to $2.86 billion, matching estimate ...

Chewy (CHWY) stock is soaring in Wednesday's session after the online pet products retailer blew past earnings expectations for its second quarter. In the 13 weeks ended July 28, Chewy said its earnings per share (EPS) jumped to 24 cents from 9 cents in the year-ago period. Revenue was up 2.6% year-over-year to $2.86 billion, helped by a 5.8% jump in Autoship customer sales to $2.24 billion. "Our Q2 performance reflects another quarter of strong execution, delivering net sales at the high end of our guidanc ...

TH the state n and in 5 and and the ... while r and e the and the the first the p d 1969 8 # 75.85 T Colonial HD E t H the state the first the first 4000 t sitox Investment Thesis Chewy, Inc. (NYSE:CHWY) continues to prove doubters wrong (yes, me too). Not only is the business resolutely shaking off its post-Covid blues, but more importantly, it appears that starting in Q4 2024, the business will be back to growth mode. And yet, the stock is already priced at 19x forward EBITDA. This means despite all of ma ...

Chewy, Inc. (NYSE:CHWY) Q2 2024 Earnings Conference Call August 28, 2024 8:00 AM ET Company Participants Jennifer Hsu - VP of IR Sumit Singh - CEO David Reeder - CFO Conference Call Participants Doug Anmuth - JPMorgan Mark Mahaney - Evercore ISI Michael Morton - MoffettNathanson Eric Sheridan - Goldman Sachs Rupesh Parikh - Oppenheimer Trevor Young - Barclays Dylan Carden - William Blair Anna Andreeva - Piper Sandler Curtis Nagle - Bank of America Merrill Lynch Operator Good morning all, and thank you for j ...

Chewy Today CHWY Chewy $29.15 +3.29 (+12.72%) 52-Week Range $14.69 ▼ $39.10 P/E Ratio 161.94 Price Target $27.57 Add to Watchlist Chewy's NYSE: CHWY stock price has struggled since the peaks set in 2020 because it could not sustain the wicked-hot growth pace driven by pandemic spending and stimulus measures. Today's takeaway is that the market for Chewy stock has normalized, and its business turned a corner in the first half of the year, setting it up to complete a technical reversal that will lead to a sus ...

For the quarter ended July 2024, Chewy (CHWY) reported revenue of $2.86 billion, up 2.9% over the same period last year. EPS came in at $0.24, compared to $0.15 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.86 billion, representing a surprise of -0.09%. The company delivered an EPS surprise of +9.09%, with the consensus EPS estimate being $0.22. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...

Key Takeaways Chewy reported second-quarter earnings well above forecasts as its customers spent more on pet food and supplies. The retailer had a decline in total active customers, but the ones it did have spent a record amount. Chewy also posted an increase in revenue from those who had their orders shipped to them automatically. Chewy (CHWY) shares surged Wednesday as the online pet supplies retailer posted a much better-thanexpected profit as it set a record for customer spending. The company reported s ...

Chewy (CHWY) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this online pet store would post earnings of $0.21 per share when it actually produced earnings of $0.31, delivering a surprise of 47.62%. Over the last four quarters, the company h ...

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 July 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECUR ...