Chewy beats Q2 sales expectations, raises FY25 guidance (CHWY:NYSE)

Core Viewpoint - Chewy's shares experienced a decline of up to 10% in premarket trading despite better-than-expected second quarter sales and an improved guidance for FY25, primarily due to disappointing bottom-line results that included a significant drop in profits [3]. Group 1 - Chewy reported second quarter sales that exceeded expectations [3]. - The company raised its guidance for fiscal year 2025 [3]. - The decline in shares was attributed to a lackluster bottom line performance [3].