What changed
Chewy posted adjusted EPS of $0.36, a slight miss versus consensus of $0.36 (-0.9%). Net sales rose 7.3% YoY to $3.33B, at the high end of guidance. Management raised its full-year revenue and profitability outlook, citing recurring revenue durability, customer growth, and disciplined execution.
Why it matters
Chewy posted adjusted EPS of $0.36, a slight miss versus consensus of $0.36 (-0.9%). Net sales rose 7.3% YoY to $3.33B, at the high end of guidance. Management raised its full-year revenue and profitability outlook, citing recurring revenue durability, customer growth, and disciplined execution.