Chewy, Inc. is an e-commerce company based in Plantation, Florida, that operates in the United States. Founded in 2010, the company offers a wide range of pet-related products, including food, treats, supplies, medications, and health products. It also provides pet services. Chewy serves its customers through retail websites and mobile apps, including its Autoship subscription program.

• CEO Statement- Chewy continues to outpace the broader pet category and expand its market share, with profits growing at a faster rate than sales," said Sumit Singh, Chief Executive Officer of Chewy. "Our third-quarter results reflect the ongoing momentum from the first half of fiscal 2025 and showcase the inherent strength of our business model, as well as the exceptional execution from every team member at Chewy. 

• We exceeded the upper end of our net sales guidance, improved margins, and generated strong free cash flow, underscoring our operational excellence.

• Chewy, Inc. (CHWY) delivered a strong financial performance for the latest quarter, with notable increases across key metrics. The company reported net sales of $3.12 billion, reflecting an 8.3% year-over-year (YoY) increase, driven by sustained demand for its extensive range of pet products, as well as continued expansion in customer services such as the Autoship subscription program. 

• The company’s gross margin for the quarter stood at 29.8%, marking an increase of 50 basis points YoY. This margin expansion highlights Chewy’s ability to manage costs effectively and improve its product mix, particularly in higher-margin areas like pet health and wellness. 

• Chewy’s profitability also showed marked improvement, with net income of $59.2 million for the quarter. This represents a significant achievement, particularly given the share-based compensation expense and related taxes totaling $76.5 million. 

• The company’s net margin for the quarter was 1.9%, which is a 180 basis point improvement YoY. This increase reflects Chewy’s ongoing focus on profitability, even as it continues to prioritize customer acquisition and retention. 

• In terms of earnings per share, Chewy posted basic earnings per share (EPS) of $0.14, an increase of $0.13 YoY. This jump in EPS underscores the company’s ability to convert revenue growth into profit, providing additional value to its shareholders.

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