On December 4, 2024, Chewy announced its financial results for Q3 2024, ending October 27, 2024. The company reported net sales of $2.88 billion, a 4.8% YoY increase, and a gross margin of 29.3%, up 80 basis points YoY. Net income reached $3.9 million, with a net margin of 0.1%, an increase of 140 basis points YoY. Basic and diluted EPS were $0.01, up $0.09 YoY.Adjusted EBITDA was $138.2 million, a $55.7 million YoY increase, with an adjusted EBITDA margin of 4.8%, up 180 basis points YoY. Adjusted net income was $84.9 million, a $21.5 million YoY increase. CEO Sumit Singh highlighted the company's strong topline growth and operational discipline.Chewy will host a conference call to discuss these results on December 4, 2024, at 8:00 am ET. The company continues to focus on high-quality execution and operational efficiency, underscoring the durability of its business model.

On December 4, 2024, Chewy announced its financial results for Q3 2024, ending October 27, 2024. The company reported net sales of $2.88 billion, a 4.8% YoY increase, and a gross margin of 29.3%, up 80 basis points YoY. Net income reached $3.9 million, with a net margin of 0.1%, an increase of 140 basis points YoY. Basic and diluted EPS were $0.01, up $0.09 YoY.Adjusted EBITDA was $138.2 million, a $55.7 million YoY increase, with an adjusted EBITDA margin of 4.8%, up 180 basis points YoY. Adjusted net income was $84.9 million, a $21.5 million YoY increase. CEO Sumit Singh highlighted the company's strong topline growth and operational discipline.Chewy will host a conference call to discuss these results on December 4, 2024, at 8:00 am ET. The company continues to focus on high-quality execution and operational efficiency, underscoring the durability of its business model.