I reiterate my buy rating on Chewy as fundamentals have improved, supporting confidence in a return to mid-teens revenue growth. Chewy's strong and sustainable active customer growth, driven by effective strategy and improved retention, underpins my bullish outlook. Autoship adoption continues to accelerate, enhancing recurring revenue, customer loyalty, and creating a widening competitive moat for CHWY.
Pet retail stock Chewy (CHWY) hit a June 6, two-year high of $48.62, but since then has taken a more than 20% haircut, thanks in large part to a massive 11% post-earnings drawdown on June 11. After a brief rally from there, the shares have struggled, logging back-to-back weekly losses.
In the closing of the recent trading day, Chewy (CHWY) stood at $40, denoting a -2.49% move from the preceding trading day.
CHWY's adjusted EBITDA margin improves to 6.2% in Q1 as Autoship and ads lifted results, signaling progress toward 10%.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
CHWY's growth accelerates with stronger Autoship sales, rising customer retention and expanding vet care services.
CHWY's active customers hit 20.8M in Q1, driven by lower churn, stronger reorders and rising Chewy+ adoption.
TipRanks' analyst ranking service reveals three stocks, including Chewy and Pinterest, favored by Wall Street's top pros.
Chewy delivered a strong Q1, beating earnings and revenue estimates, driven by resilient and growing customer spending in the pet niche. Sales per active customer rose 4% year-over-year, highlighting strong organic revenue growth and effective monetization of Chewy's loyal customer base. Free cash flow margins remained steady year-over-year and Chewy remained widely FCF profitable.
CHWY first-quarter earnings beat estimates with strong Autoship growth, rising hardgoods sales and expanding Chewy Vet Care footprint.
Chewy, Inc. (NYSE:CHWY ) Q1 2025 Earnings Conference Call June 11, 2025 8:00 AM ET Company Participants David W. Reeder - Chief Financial Officer Natalie Nowak - Corporate Participant Sumit Singh - CEO & Director Conference Call Participants Curtis Smyser Nagle - BofA Securities, Research Division David Leonard Bellinger - Mizuho Securities USA LLC, Research Division Douglas Till Anmuth - JPMorgan Chase & Co, Research Division Eric James Sheridan - Goldman Sachs Group, Inc., Research Division Mark Stephen F.
Pet e-tailer Chewy Inc (NYSE:CHWY) reported a first-quarter earnings miss before the open, overshadowing its revenue beat.