The headline numbers for Chewy (CHWY) give insight into how the company performed in the quarter ended April 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Chewy (CHWY) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.31 per share a year ago.
Chewy (NYSE:CHWY) reported better-than-expected revenue and adjusted earnings per share for the first quarter, but weak guidance sent its shares lower pre-market. The company reaffirmed its full-year sales guidance in the range of $12.3 billion to $12.45 billion, representing growth of 6% to 7%, at the midpoint slightly below Street estimates of $12.42 billion.
Shares of Chewy (CHWY) fell sharply in premarket trading Wednesday as the online pet retailer's first-quarter profit came in below analysts' expectations.
Chewy stock fell early Wednesday despite the pet-focused e-commerce firm reporting fiscal Q1 results ahead of estimates.
I rate Chewy, Inc. a Buy with a $60 fair value, due to strong topline growth and margin expansion potential in the expanding pet market. Chewy benefits from rising online pet product sales, robust customer acquisition, and increased spending per active customer, especially via its Autoship program. Strategic expansion into private brands and pet vet services, plus a debt-free balance sheet, supports long-term growth and margin improvement.
CHWY eyes Q1 y/y revenue and earnings growth as Autoship, ads and vet services fuel its diversified pet care strategy.
Chewy (NYSE:CHWY) has been downgraded to ‘Hold' from ‘Buy' by analysts at Jefferies due to valuation concerns after a run-up in the pet retailer's stock. Chewy shares have surged by 41% in the year-to-date, now trading at 24 times projected 2026 earnings before interest, taxes, depreciation and amortization (EBITDA), roughly one standard deviation above historical averages.
Chewy Inc (NYSE:CHWY) stock is down 2.8% in pre-market trading after Jefferies downgraded the pet e-commerce stock to “hold” from “buy,” despite raising its price target to $43 from $41.
Chewy (NYSE:CHWY) is expected to release its earnings around June 11. Chewy offers food and supplies for a range of pets and is also involved in emerging pet industry sectors such as personalized products, pet insurance, and pet telehealth, with a market capitalization of $19 billion.
In the most recent trading session, Chewy (CHWY) closed at $47.62, indicating a +0.34% shift from the previous trading day.
Investors typically benefit from understanding their current position in the stock market cycle, as identifying the right mindset and sentiment can lead them to the winning stocks in the market for the upcoming months and quarters. There are generally two main cycles when markets are boiled down to their essence, and it appears that today's cycle is very clearly at one of these extremes.