CHWY's third-quarter results indicate top-line growth from active customer rise and cross-category product penetration. The company raises its fiscal 2024 sales outlook.
Chewy Inc CHWY shares were down Thursday after the company reported downbeat third-quarter sales.
Eva Ados, ERShares COO and chief investment strategist, joins 'Power Lunch' to discuss stock plays for three stocks.
Chewy (CHWY) shares dipped 2.5% Wednesday when the online pet supplies retailer missed profit forecasts as the number of active customers fell and costs rose.
Shares of pet e-commerce company Chewy (CHWY -3.03%) dropped on Wednesday after the company's financial results for the third quarter of 2024 missed expectations on the bottom line. As of 11:20 a.m.
Sumit Singh, Chewy CEO, joins 'Money Movers' to discuss the trends around pet adoption and the overall pet economy, if there's a trough in net new adoptions, and much more.
Chewy, Inc. (NYSE:CHWY ) Q3 2024 Earnings Call Transcript December 4, 2024 8:00 AM ET Company Participants David Reeder - CFO Sumit Singh - CEO Conference Call Participants Nathan Feather - Morgan Stanley Curtis Nagle - Bank of America Merrill Lynch Doug Anmuth - JPMorgan David Bellinger - Mizuho Steven Zaccone - Citigroup Rupesh Parikh - Oppenheimer Mark Mahaney - Evercore ISI Shweta Khajuria - Wolfe Research Anna Andreeva - Piper Sandler Operator Hello, everyone, and welcome to the Chewy Third Quarter 2024 Earnings Call. My name is Emily, and I'll be coordinating your call today.
The headline numbers for Chewy (CHWY) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
On Wednesday, Chewy Inc. CHWY reported a third-quarter adjusted EPS of $0.20, up 33.3% year-over-year, compared to the consensus of $0.08.
Chewy (CHWY) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.15 per share a year ago.
The pet products retailer surpasses the high end of its net sales guidance range for the third quarter.
Chewy's innovative strategies and growing footprint in the thriving pet care market make it a compelling investment case ahead of Q3 earnings.