Core Insights - Chewy, the largest online pet retailer in the U.S., went public in June 2019 at $22 per share and reached an all-time high of $118.69 in February 2021, showcasing its market dominance and rapid growth [1][2] Sales and Customer Growth - In fiscal 2020, Chewy's net sales surged by 47%, active customers increased by 43%, and net sales per active customer rose by 3%, largely driven by the pandemic [3] - Growth in active customers and net sales slowed in fiscal 2021 as the pandemic effects waned, with a decline in active customers in fiscal 2022 and 2023 due to rising inflation and increased competition from Amazon [4] - Year-over-year metrics show a decline in active customer growth from 8% in FY 2021 to a projected 5% in 9M 2025, while net sales growth decreased from 24% in FY 2021 to a projected 8% in 9M 2025 [5] Strategic Developments - Despite the slowdown, Chewy has been gaining active customers and increasing net sales per active customer through growth in Autoship subscriptions, private label products, integrated ads, and pet health insurance [6] - In Q3 2025, 83.9% of net sales came from Autoship customers, up from 79.2% in FY 2024, indicating a strong reliance on this subscription model [7] Stock Performance - Chewy's stock has declined over 70% from its all-time high, reflecting a cooling growth trajectory in the post-pandemic market [8]

Financial Results Announcement - Chewy, Inc. will report its fiscal third quarter 2025 financial results before the market opens on December 10, 2025 [1] - A conference call and webcast will be hosted by management at 8:00 am ET to discuss the financial results [1][3] Access Information - Participants can register for the conference call via a provided link to receive dial-in details and a unique PIN [2] - A live audio webcast will be available on the company's investor relations website, with a replay accessible for at least 90 days following the event [3] Company Overview - Chewy aims to be the most trusted and convenient destination for pet parents, offering a broad selection of high-quality pet products and services [4] - The company partners with approximately 3,200 trusted brands and offers around 130,000 products and services through its platforms [4]

Core Insights - Chewy reported decent earnings for its second fiscal quarter, indicating strong customer growth despite a significant drop in share price [1] Financial Performance - The company experienced a more than 16% drop in its share price following the earnings report, suggesting market concerns despite positive growth metrics [1]