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) is an e-commerce company focused on pet products, supplies, and prescriptions, and its news flow reflects both its operating performance and strategic activity in the pet sector. On this page, readers can follow company-issued updates that cover quarterly financial results, product launches, capital markets transactions, and category expansions.
Chewy regularly announces fiscal quarter results through press releases and accompanying conference calls, detailing net sales, margins, net income, and non-GAAP measures such as Adjusted EBITDA and Adjusted net income. These updates often include commentary from management on customer trends, profitability, and the performance of areas like Autoship customer sales.
In addition to earnings, Chewy’s news includes product and category developments. Examples from recent communications include the launch of Get Real, a minimally processed fresh dog food line available exclusively at Chewy, and the announcement of a definitive agreement to acquire SmartEquine, an equine health business known for subscription-based supplement programs and personalized nutrition plans. Such items illustrate how Chewy is active in health and wellness verticals within the broader pet market.
Investors and followers of CHWY can also find information on secondary offerings of Class A common stock by a selling stockholder affiliated with BC Partners, concurrent share repurchases by Chewy, and governance events such as scheduled earnings calls. For those tracking the company’s strategy and financial performance, this news feed offers a centralized view of Chewy’s official disclosures and key developments over time.
Chewy (NYSE: CHWY) reported its financial results for Q1 2022, ending May 1, with net sales of $2.43 billion, up 13.7% year-over-year. However, gross margin slightly declined to 27.5%, while net income was $18.5 million, reflecting a 100 basis point drop in net margin to 0.8%. Adjusted EBITDA fell 21.8% to $60.5 million, with a margin of 2.5%. Despite these challenges, CEO Sumit Singh expressed optimism about Chewy's growth trajectory and strategic initiatives.
Chewy, Inc. (NYSE: CHWY) will announce its fiscal first quarter 2022 financial results on June 1, 2022, after market close. A conference call will follow at 5:00 pm ET to discuss the results. Investors can participate via a toll-free number or listen online. The replay will be available shortly after the call until June 8, 2022. Chewy aims to be the leading online destination for pet products, emphasizing a wide selection and competitive pricing.
Chewy, Inc. (NYSE: CHWY) reported a net sales of $2.39 billion for fiscal Q4 2021, a 17% increase year-over-year. However, the company faced a net loss of $63.6 million, which includes share-based compensation of $15.8 million. Gross margin decreased to 25.4%, down 170 basis points year-over-year. For the full year 2021, net sales reached $8.89 billion, a 24% increase from the previous year, while the total net loss was $73.8 million. Despite challenges, CEO Sumit Singh emphasized the company's innovation pipeline and customer loyalty.
Chewy, Inc. (NYSE: CHWY) is set to report its fiscal fourth quarter and full year 2021 financial results after market close on Tuesday, March 29, 2022. The announcement includes a conference call at 5:00 pm ET for management to discuss the results. Investors can access the live call through toll-free numbers or participate in a webcast available on Chewy's investor relations website. The replay will be available until April 5, 2022.
Chewy (NYSE: CHWY) launches its new campaign, “Chatty Pets,” highlighting the unique personalities of pets through humorous storytelling. Centered on the excitement pets feel for Chewy deliveries, the campaign features five engaging pet characters, including Joy the dramatic cat and Giorgio the feisty Chihuahua. Developed in collaboration with the creative agency 72andSunny, the campaign aims to strengthen Chewy's connection with pet owners. The advertisements will be aired across various platforms, enhancing brand engagement and visibility.
Chewy (NYSE: CHWY) reported fiscal Q3 2021 net sales of $2.21 billion, a year-over-year increase of 24.1%. The gross margin expanded to 26.4%, up 90 basis points year-over-year. However, the company faced a net loss of $32.2 million, attributed partly to $19.1 million in share-based compensation. Adjusted EBITDA stood at $6.0 million, reflecting 9.9% growth year-over-year. Chewy emphasized strong consumer demand but acknowledged challenges from supply chain issues and inflation.
Chewy partners with Trupanion to provide exclusive health insurance and wellness plans to over 20 million customers. This collaboration aims to enhance Chewy's health care offerings, simplifying the insurance process for pet parents. Customers will benefit from preventative care and comprehensive insurance for pets, with convenient access to additional services and 24/7 customer support. The plans launch on Chewy.com in Spring 2022, leveraging Trupanion's technology to facilitate direct payments to veterinarians, reducing out-of-pocket costs for pet owners.
Chewy (NYSE: CHWY) announced a new campaign offering to match up to $2 million in customer donations to shelters and rescues during the season of giving. From November 24-30, 2021, donations made through a shelter's Wish List will be matched, potentially doubling the impact for animal welfare organizations nationwide. This initiative is part of Chewy's Chewy Gives Back program, which collectively has contributed over $30 million in donations this year. The campaign aims to support organizations in need and fulfill basic necessities for pets.
Chewy, Inc. (NYSE: CHWY) is set to report its fiscal third quarter 2021 financial results on December 9, 2021, after market close. A conference call will follow at 5:00 pm ET to discuss these results. The company aims to maintain its position as a leading online source for pet products, showcasing a wide selection of high-quality items at competitive prices. Chewy partners with around 2,500 trusted pet brands, focusing on a customer-centric experience.
Chewy, Inc. (NYSE: CHWY) has appointed Mark Eamer as the new Chief Marketing Officer. Eamer, formerly with Amazon, will enhance Chewy's marketing and customer engagement capabilities, focusing on growth, partnerships, and analytics. His experience includes P&L responsibility and leading advertising for Amazon's digital platforms. Sumit Singh, Chewy's CEO, highlighted Eamer's innovative approach as key to advancing the company's mission to be the most trusted destination for pet parents. This leadership change aims to strengthen Chewy’s position in the competitive pet supply market.