$CHWY (+3,71Β %) | Chewy Q3 Earnings Highlights:
πΉ Adj EPS: $0.20 (Est. $0.23) π
πΉ Revenue: $2.88B (Est. $2.86B) π’; UP +4.8% YoY
πΉ Gross Margin: 29.3% (Est. 29.3%) π‘; UP +80 basis points YoY
Key Metrics:
πΉ Adj EBITDA: $138.2M (Est. $120.3M) π’; UP +68% YoY
πΉ Adj EBITDA Margin: 4.8% (Est. 4.2%) π’; UP +180 basis points YoY
πΉ Net Income: $3.9M (vs. Net Loss in Q3 FY2023)
πΉ Net Margin: 0.1% (UP +140 basis points YoY)
πΉ Adjusted Net Income: $84.9M; UP +34% YoY
πΉ Free Cash Flow: Strong contribution driven by operational efficiency
Operational Highlights:
πΉ Sequential increase in active customers, indicating positive customer engagement trends.
πΉ Autoship Customer Sales remained robust, contributing to predictable revenue streams.
πΉ Continued efficiency in operations, driving margin expansion.
CEO Commentary:
πΈ "Our third quarter results exceeded expectations, delivering strong topline growth, customer additions, and robust free cash flow. These results highlight the durability of our business model and our operational discipline." β Sumit Singh, CEO