Workflow
Chewy(CHWY) - 2024 Q3 - Quarterly Report

Financial Performance - Net sales for the 13 weeks ended October 29, 2023, were 2,738,611,anincreaseof8.22,738,611, 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,reflectinga30.5279,167, 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,asignificantincreaseof258.2276,458, a significant increase of 258.2% compared to 77,179 in the prior year[21] - The company reported a net loss of 35,810forthe13weeksendedOctober29,2023,comparedtoanetincomeof35,810 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,up36.8213,576, 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),adecreasefromearningsof(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 543from543 from 477 in the same period last year[21] - Autoship customer sales increased by 12.8% to 2,093,077from2,093,077 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]