Chewy 4Q Sales Climb While Profit Slides

Dow Jones

03/26

By Dean Seal

Chewy logged a big jump in revenue for the fiscal fourth quarter and topped adjusted earnings estimates, though its profit declined year over year.

The online pet-product retailer posted a profit of $22.8 million, or 5 cents a share, for the quarter ended Feb. 2, compared with $31.9 million, or 7 cents a share, in the same period a year earlier.

Stripping out one-time items, adjusted earnings were 28 cents a share. Analysts polled by FactSet had been expecting 21 cents a share.

Sales rose almost 15% to $3.25 billion, topping analyst projections for $3.2 billion.

Chief Executive Sumit Singh said the outperformance was driven by strong active customer growth and loyalty to its Autoship program.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

March 26, 2025 07:30 ET (11:30 GMT)

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Analysts polled by FactSet had been expecting 21 cents a share. \n\n\n  Sales rose almost 15% to $3.25 billion, topping analyst projections for $3.2 billion. \n\n\n  Chief Executive Sumit Singh said the outperformance was driven by strong active customer growth and loyalty to its Autoship program. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 26, 2025 07:30 ET (11:30 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}