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Chewy Announces Fiscal Second Quarter 2024 Financial Results

Chewy Announces Fiscal Second Quarter 2024 Financial Results Conference Call

Chewy Announces Fiscal Second Quarter 2024 Financial Results

Chewy, Inc. (NYSE: CHWY), a leading online retailer of pet food and supplies, today announced its financial results for the second quarter of fiscal 2024.

Key Highlights

  • Net sales of $2.88 billion, an increase of 31% year-over-year
  • Gross margin of 29.7%, an increase of 130 basis points year-over-year
  • Diluted earnings per share of $0.31
  • Adjusted EBITDA of $300 million

Management Commentary

"We are pleased to report another strong quarter of growth and profitability," said Sumit Singh, CEO of Chewy.

"Our focus on providing exceptional customer service and a wide selection of pet products continues to drive our success. We are confident in our ability to continue to execute on our long-term growth strategy."

Conference Call Details

Chewy will host a conference call to discuss its financial results on Thursday, March 23, 2023, at 8:30 a.m. ET.

The conference call can be accessed by dialing (877) 407-8291 (domestic) or (201) 389-0879 (international). The conference ID is 13733607.

A live webcast of the conference call will also be available on the Investor Relations section of Chewy's website at https://investor.chewy.com.

About Chewy

Chewy is a leading online retailer of pet food and supplies. The company offers a wide selection of pet products, including food, treats, toys, and accessories, as well as a variety of health and wellness products.

Chewy was founded in 2011 and is headquartered in Dania Beach, Florida. The company has over 20,000 employees and serves over 20 million active customers.


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