Chewy Q1 Sales Rise AutoShip Hits Record

Chewy, Inc. (CHWY -11.99%) reported its Q1 FY2025 earnings on June 11th, delivering net sales of $3.12 billion (+8.3% year-over-year), adjusted EBITDA of $192.7 million (6.2% adjusted EBITDA margin), and 20.8 million active customers (+3.8% year-over-year). The company exceeded internal forecasts on both growth and profitability, continued disciplined share repurchases, and announced strong incremental progress across core initiatives including AutoShip, Chewy Plus, advertising, and veterinary clinic expans ...