Chewy Inc reported Q2 revenue of $3.33 billion and adjusted earnings per share of $0.36, both surpassing analyst expectations. Adjusted EBITDA rose 23.7% to $226.7 million, with margins improving, yet free cash flow dropped 15.5% to $89.5 million, missing forecasts. Active customers increased 3.8% to 21.7 million. Analysts noted that while core business remains stable and investments in new markets and AI show promise, the profit beat was partly due to one-time factors, and future returns from these investments remain uncertain.
Chewy reported quarterly earnings of $0.36 per share, doubling analyst estimates of $0.18, with net income rising to $80.5 million from $62 million a year ago. Quarterly revenue reached $3.33 billion, slightly above expectations, marking a 7.3% incre...
US stock futures dipped slightly as oil prices approached $100 per barrel due to rising tensions between the US and Iran. This increase in crude prices has intensified speculation that the Federal Reserve will raise interest rates by 25 basis points ...
Chewy will report its Q2 2026 earnings on September 9, with analysts expecting earnings per share (EPS) of $0.36, a 9.1% increase year-over-year, and revenue of $3.32 billion, up 6.8%. Growth is driven by its Autoship subscription program and expansi...
This week, the key market event is the August Consumer Price Index (CPI) report, which could influence the Federal Reserve's decision on a rate hike in September. Economists expect a moderate rise in inflation, with core inflation slightly easing. St...
