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(CHWY) - 2024 Q3 - Quarterly Report