Chewy Posts Q3 Sales Beat: Analysts Say Successful Cyber Week Could Lead To Higher Lifetime Value Customers
Chewy Posts Q3 Sales Beat: Analysts Say Successful Cyber Week Could Lead To Higher Lifetime Value Customers
Chewy's active customer count grew sequentially for the second consecutive quarter, with net adds of around 160,000, Shemesh said in a note. Autoship rose to a new record, reaching 80% of net sales in the quarter, he added.Chewy Inc (NYSE:CHWY) shares were down Thursday after the company reported downbeat third-quarter sales.
Chewy Inc（紐交所：CHWY）股價在週四下跌，因爲公司報告了不太樂觀的第三季度銷售數據。
The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.
公司在一季度盈利季中發佈了其業績。以下是一些重要的分析師觀點。
RBC Capital Markets On Chewy
RBC 資本市場關於 chewy
Analyst Steven Shemesh maintained an Outperform rating while raising the price target from $39 to $42.
分析師史蒂文·舍梅什維持了跑贏大盤的評級，同時將目標價從39美元上調至42美元。
Chewy's active customer count grew sequentially for the second consecutive quarter, with net adds of around 160,000, Shemesh said in a note. Autoship rose to a new record, reaching 80% of net sales in the quarter, he added.
舍梅什在一份報告中表示，chewy的活躍客戶數量連續第二個季度環比增長，新增客戶約爲160,000。自動配送達到了新記錄，在該季度佔淨銷售的80%，他補充道。
The company's fourth-quarter guidance implies slightly softer-than-expected margins, but this is mainly due to management's decision to "opportunistically step-up ad spend to grow active customers," the analyst stated. "We walk away from the quarter with higher conviction in a top-line recovery and the margin outlook largely unchanged," he further wrote.
該公司的第四季度指導意味着利潤率略低於預期，但這主要是由於管理層決定「抓住機會提高廣告支出以增加活躍客戶」，分析師表示。「我們在這個季度對營收復蘇的信心增強，利潤率展望基本保持不變，」他進一步寫道。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
JPMorgan On Chewy
摩根大通關於 chewy
Analyst Doug Anmuth reiterated an Overweight rating while lifting the price target from $37 to $38.
分析師Doug Anmuth重申了增持評級，並將目標價格從37美元上調至38美元。
Chewy delivered better active customer growth and achieved a "meaningful profitability ramp" in the third quarter, Anmuth said. This was driven by the company's product enhancements and solid execution, as well as "improving industry trends," he added.
Anmuth表示，chewy在第三季度實現了更好的活躍客戶增長，並取得了"顯著的盈利增長"。這得益於公司產品的提升和紮實的執行，以及"改善的行業趨勢"。
"Given strong momentum, favorable recent returns and a rational competitive environment, CHWY expects to lean into marketing to drive 4Q Active Customer growth," the analyst wrote. He projected active customer net adds of over 200,000 in the fourth quarter, which could take the full year to 277,000 while projecting the figure to accelerate to 650,000 in 2025.
"考慮到強勁的勢頭，良好的近期回報和合理的競爭環境，分析師寫道，CHWY預計將加大營銷力度以推動第四季度的活躍客戶增長。"他預測第四季度的活躍客戶淨增加超過200,000，這可能使全年總數達到277,000，並預計這一數字將在2025年加速增長至650,000。
Needham On Chewy
Needham 對 chewy 的分析
Analyst Bernie McTernan maintained a Hold rating on the stock.
分析師伯尼·麥克特南對該股票維持持有評級。
Chewy's overall results were "solid, with encouraging topline trends including a supportive macro environment/competitive intensity," McTernan wrote in a note. These trends appear to have continued into the fourth quarter, with the company witnessing "successful Cyber Week sales," he added.
McTernan在一份報告中寫道，chewy的整體業績"穩健，頂線趨勢令人鼓舞，包括支持的宏觀環境/競爭強度"。這些趨勢似乎繼續延續到第四季度，公司目睹了"成功的網絡星期一銷售"。
The Cyber Week sales included "greater penetration of consumables and pushing customers to order within the app, both of which should lead to a higher LTV (lifetime value) customer," the analyst wrote. The company is likely to make top-of-the-funnel investments, which could drive "modest revenue growth acceleration throughout '25E," he further wrote.
"網絡星期一的銷售包括"更高的消費品滲透率和推動客戶在應用內下單，這兩者都將導致更高的LTV（客戶終身價值）"，分析師寫道。公司可能會進行漏斗頂端的投資，這可能推動"2025財年期間的適度營業收入增長加速"，他進一步寫道。
CHWY Price Action: Shares of Chewy had declined by 5.44% to $31.65 at the time of publication on Thursday.
CHWY價格動態：週四發佈時，chewy的股價下跌了5.44%，至31.65美元。
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Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。