Core Viewpoint - Chewy reported better-than-expected Q3 results, but its guidance for Q4 and the full year disappointed investors [1][2] Group 1: Q3 Performance - Chewy's revenue grew by 8.3% year-over-year to $3.12 billion, significantly boosting profits by 60% [1] - Earnings per share (EPS) reached $0.32, exceeding market expectations [1] - Growth was driven by an increase in Autoship orders, higher sales per active customer, and a 5% year-over-year increase in active customer count [1] - The proportion of sales from Autoship customers increased by 90 basis points to 83.9%, indicating enhanced customer loyalty [1] - Other financial metrics improved, including a 30.9% increase in adjusted operating income, a 100 basis point rise in adjusted EBITDA margin, and a 180 basis point increase in net profit margin [1] - Net cash generated from operating activities rose by 13.3% to $207.9 million, contributing to a 15.8% increase in free cash flow to $175.8 million [1] Group 2: Future Guidance - For Q4, Chewy expects EPS to be in the range of $0.24 to $0.27, and revenue is projected to be between $3.24 billion and $3.26 billion, both below market estimates [2] - For the full year, Chewy raised its sales guidance to $12.58 billion to $12.67 billion, slightly above previous guidance but still disappointing compared to some market expectations of $12.67 billion [2]

Core Insights - Nanchang Yunpu Electronics Co., Ltd. has been established with a registered capital of 25,000 RMB [1] Company Overview - The legal representative of the company is Zhou Junmin [1] - The business scope includes general projects such as electronic product sales, retail of pet food and supplies, sales of lighting fixtures, information system integration services, retail of daily household appliances, retail and wholesale of clothing and accessories, wholesale and retail of shoes and hats, sales of office equipment, advertising design and agency, sales of home goods, information technology consulting services, sales of display devices, sales of automotive decorative products, and retail of automotive parts [1]