Chewy Q4 adj EPS top estimates on customer, margin growth

Chewy

25/03/2026 11:14

Overview

US pet products e-tailer reported fiscal Q4 revenue up slightly, slightly missing analyst expectations

Adjusted EPS for fiscal Q4 beat analyst expectations

Company attributed results to strong customer growth and expanding margins

Outlook

Company did not provide specific guidance for the current qtr or full yr

Result Drivers

GROSS MARGIN EXPANSION - Gross margin rose 90 basis points year-over-year in Q4, contributing to improved profitability

CUSTOMER GROWTH - Active customers increased 4% year-over-year, with net sales per active customer up 2.2%

AUTOSHIP SALES - Autoship customer sales rose 4.8% and accounted for 84% of net sales in Q4 vs 80.6% a year ago

Company press release: ID:nBw8vpFPCa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$3.26 bln
$3.29 bln (23 Analysts)
Q4 Adjusted EPS
Beat
$0.27
$0.09 (15 Analysts)
Q4 Net Income
$39.20 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

Wall Street's median 12-month price target for Chewy Inc is $45.00, about 91.9% above its March 24 closing price of $23.45

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 48 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)