Online pet products retailer Chewy beats Q2 revenue estimates

Chewy

10/09/2025 12:18

Overview

Chewy fiscal Q2 revenue rises 8.6% yr/yr, beating analyst expectations

Co's Q2 net income drops

Adjusted EBITDA improves, driven by operational efficiency gains

Result Drivers

AUTOSHIP SALES - Autoship customer net sales rose 15%, comprising 83% of total net sales, per CEO Sumit Singh

CUSTOMER ENGAGEMENT - Active customers grew 4.5% yr/yr to nearly 21 mln, with net sales per active customer increasing to $591

TAX IMPACT - Net margin fell due to absence of prior yr's $275.7 mln tax benefit

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$3.10 bln
$3.08 bln (24 Analysts)
Q2 Net Income
$62 mln
Q2 Basic EPS
$0.15


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy", 12 "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 $48.00, about 12.3% above its September 9 closing price of $42.10

The stock recently traded at 59 times the next 12-month earnings vs. a P/E of 64 three months ago

Press Release: ID:nBw55Q88Ha

(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.)