Core Insights - Chewy Inc.'s Hardgoods segment showed significant growth in Q1 2025, with revenues increasing by 12.3% year over year to $342.2 million, surpassing the overall revenue growth of 8.3% [1][10] - The company added over 150 new brands and halved SKU onboarding time, enhancing product selection and market execution speed [2] - Management noted broad-based growth across hardgoods subcategories, driven by improved inventory management, personalized merchandising, and enhanced digital discoverability [3] Sales and Market Position - Chewy's strategy to increase wallet share beyond essential products is evident, with hardgoods showing potential for deeper customer relationships and incremental revenue [4] - The company's hardgoods performance contributed to strengthening market share and resilient growth, maintaining full-year revenue guidance of $12.3–$12.45 billion, reflecting a growth rate of 6–7% adjusted for the previous year's extra week [5] - Chewy's net sales outperformed key competitors, including Central Garden & Pet Company and Petco Health and Wellness [6] Competitor Analysis - Central Garden & Pet reported Q2 fiscal 2025 net sales of $833.5 million, down 7.4% year over year, affected by weather delays and product line losses, though e-commerce and Wild Bird segments performed well [7] - Petco Health and Wellness reported Q1 fiscal 2025 net sales of $1.49 billion, down 2.3% year over year due to store closures, with expectations of low single-digit sales decline for 2025 [8] Financial Performance - Chewy's shares have increased by 17% year to date, outperforming the industry's growth of 9.5% [9] - The company trades at a forward price-to-sales ratio of 1.26X, below the industry average of 2.17X, with a Value Score of C [11] - The Zacks Consensus Estimate for Chewy's fiscal 2025 earnings indicates a year-over-year growth of 23.1%, with upward revisions for estimates over the past 60 days [12]

Core Insights - Chewy reported $1.52 billion in revenue for the quarter ended April 2025, reflecting a year-over-year decline of 47.1% [1] - The EPS for the same period was $0.95, compared to $0.31 a year ago, indicating significant improvement [1] - The reported revenue exceeded the Zacks Consensus Estimate of $1.5 billion, resulting in a surprise of +1.29% [1] - The company delivered an EPS surprise of +14.46%, with the consensus EPS estimate being $0.83 [1] Financial Performance Metrics - Active Customers reached 20,756, surpassing the eight-analyst average estimate of 20,566 [4] - Net sales per active customer were $583, slightly below the $585.93 average estimate based on seven analysts [4] - Net Sales in Consumables amounted to $2.18 billion, exceeding the three-analyst average estimate of $2.16 billion [4] - Net Sales in Other categories were $595.90 million, compared to the $597.47 million average estimate based on three analysts [4] - Net Sales in Hardgoods reached $342.20 million, above the $323.18 million average estimate based on three analysts [4] Stock Performance - Chewy's shares have returned +16% over the past month, outperforming the Zacks S&P 500 composite's +6.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Company Overview - Zumiez Inc. is a leading specialty retailer focused on apparel, footwear, accessories, and hardgoods for young men and women interested in action sports, streetwear, and unique lifestyles [3] - As of May 3, 2025, Zumiez operates 730 stores globally, with 569 in the United States, 46 in Canada, 87 in Europe, and 28 in Australia [3] - The company operates under the names Zumiez, Blue Tomato, and Fast Times, and has ecommerce platforms at zumiez.com, blue-tomato.com, and fasttimes.com.au [3] Upcoming Financial Results - Zumiez will report its fiscal 2025 first quarter results on June 5, 2025, after the stock market closes [1] - A conference call to discuss the results will take place on the same day at 5:00 p.m. ET [1] - Participants are encouraged to pre-register for the conference call and to join 15 minutes early to avoid delays [2]