Welcome to our dedicated page for Chewy news (Ticker: CHWY), a resource for investors and traders seeking the latest updates and insights on Chewy stock.
Chewy, Inc. (NYSE: CHWY) news covers the largest online pet retailer in the United States. As a pure-play e-commerce company in the pet industry, Chewy generates news across earnings reports, strategic acquisitions, product launches, and healthcare service expansions.
Chewy's news flow typically includes quarterly earnings announcements that reveal Autoship subscription trends, active customer counts, and net sales growth. These metrics matter for understanding the company's market share gains in the pet e-commerce space. The company's expansion into pet pharmacy and healthcare services generates updates on prescription volume, telehealth adoption, and veterinary partnerships.
Beyond financial results, Chewy news covers strategic initiatives such as fulfillment center expansions, category entries like equine health products, and technology investments in personalization and logistics. Leadership changes, conference presentations, and investor relations updates also feature in the company's news stream.
Bookmark this page to follow Chewy's developments in the competitive pet retail landscape. From earnings surprises to acquisition announcements, this feed provides real-time coverage of a company reshaping how pet owners shop for their animals.
Chewy (NYSE: CHWY) has launched a new advertising campaign that emphasizes the deep, familial bonds between pet parents and their pets. Supported by a survey revealing that 84% of pet owners view their pets as family, and 93% feel happier due to their pets, the campaign showcases relatable scenarios in three TV spots. Highlights include:
- 30% of pet parents consider their pet their favorite child.
- Over 40% describe their pet as their best friend.
- 42% include pets in their wills.
Chewy, Inc. (NYSE: CHWY) reported its fiscal Q4 and full year 2022 results, showcasing a year-over-year revenue increase of 13.4%, totaling $2.71 billion in Q4 and $10.1 billion for the year. The gross margin improved to 28.1% in Q4, while net income reached $6.1 million. Adjusted EBITDA rose significantly to $92 million in Q4, marking an impressive annual increase of $227.4 million, with adjusted net income at $225.8 million. Chewy's CEO, Sumit Singh, emphasized the company's success in gaining market share amid economic changes, attributing growth to a wide range of offerings for pet parents.
Chewy, Inc. (NYSE: CHWY) will report its fiscal fourth quarter and full year 2022 financial results after the market closes on March 22, 2023. Management will host a conference call at 5:00 pm ET to discuss the results. Interested parties can join the live call at 1-844-200-6205 (US Toll-Free) and access the replay until March 29, 2023. Chewy aims to be the most trusted online destination for pet products, partnering with over 3,000 brands to offer over 100,000 products, enhancing customer engagement and brand loyalty.
Chewy, Inc. (NYSE: CHWY) reported its third-quarter financial results for fiscal 2022, ending October 30, 2022, with net sales reaching $2.53 billion, a 14.5% year-over-year increase. The gross margin expanded by 200 basis points to 28.4%, while adjusted EBITDA was $70.4 million, reflecting a $64.4 million increase year-over-year. Net income stood at $2.3 million, resulting in a net margin of 0.1%, up 160 basis points from the previous year. Chewy's performance highlights its resilience in the pet product market amid a challenging macroeconomic environment.
Chewy, Inc. (NYSE: CHWY) will announce its fiscal third quarter 2022 financial results on December 8, 2022, after market closure. A conference call to discuss these results will take place at 5:00 pm ET. Interested investors can participate by calling the designated numbers provided for both the live event and the replay, which will be available until December 15, 2022.
Chewy aims to be a trusted online source for pet products, offering over 100,000 items from more than 3,000 trusted brands.
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