Pet Goods Retailer Chewy Reports Better-Than-Expected Q4 Earnings, Topline Growth And Profitability Exceed Guidance
Chewy Inc. CHWY on Wednesday reported a fourth-quarter adjusted EPS of 28 cents, up 55.6% year-over-year, compared to the consensus of $0.05.The retailer of pet supplies reported sales of $3.25 billion. That’s up 14.9% year over year, compared to the consensus of $3.2 billion and the management guidance of $3.18 billion-$3.2 billion.Autoship customer sales reached $2.62 billion, up 21.2%. Autoship customers are shoppers in a given fiscal quarter for whom an order has shipped through the Autoship subscriptio ...