Q1 27 EPS
$0.43
BEAT +0.89%
Est. $0.43
Q1 27 Revenue
$3.36B
BEAT +0.21%
Est. $3.35B
Did CHWY Beat Earnings? Q1 2027 Results
Chewy posted a strong fiscal first quarter, with adjusted diluted EPS of $0.43 and revenue of $3.36 billion, as the online pet retailer extended its momentum into the new fiscal year. The headline driver was the continued expansion of its Autoship su… Read more Chewy posted a strong fiscal first quarter, with adjusted diluted EPS of $0.43 and revenue of $3.36 billion, as the online pet retailer extended its momentum into the new fiscal year. The headline driver was the continued expansion of its Autoship subscription program, which grew 10.5% year over year to $2.83 billion and now accounts for 84.4% of net sales, up from 82.2% a year ago, underscoring the durability of Chewy's recurring revenue model. Active customers climbed to 21.5 million, a 3.6% increase, while net sales per active customer rose 2.4% to $597. Profitability strengthened across the board, with operating income reaching $128.50 million compared to $76.90 million in the prior-year period, and adjusted EBITDA advancing 31.3% to $253.10 million, expanding the adjusted EBITDA margin by 130 basis points to 7.5%. GAAP net income rose 51.9% to $94.80 million, or $0.23 per diluted share, reflecting both top-line growth and improving operational efficiency.
Key Takeaways
- • 7.7% net sales growth year over year
- • Nearly 200,000 net active customer additions in the quarter
- • Autoship customer sales grew 10.5% YoY, representing 84.4% of net sales
- • Gross margin expanded 50 basis points to 30.1%
- • Net sales per active customer increased 2.4% to $597
- • Adjusted EBITDA margin expanded 130 basis points to 7.5%
- • Active customers grew 3.6% to 21.497 million
CHWY YoY Financials
Q1 2027 vs Q1 2026, source: SEC Filings
CHWY Revenue by Segment
With YoY comparisons, source: SEC Filings
“Chewy continues to outperform the pet category while expanding profitability and free cash flow. Our first quarter results demonstrate the resilience of our business model and the strength of our execution, as we delivered 7.7% net sales growth, nearly 200,000 net customer additions, and record profitability in the quarter, despite a more dynamic consumer backdrop. We remain confident in our ability to gain market share, deliver profitable growth, and create long-term shareholder value.”
— Sumit Singh, Q1 2027 Earnings Press Release
CHWY Earnings Trends
CHWY vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
CHWY EPS Trend
Earnings per share: estimate vs actual
CHWY Revenue Trend
Quarterly revenue: estimate vs actual
CHWY Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $0.43 | $0.43 | +0.89% | $3.36B | +0.21% |
| Q4 26 MISS FY | $0.28 | $0.27 | -3.09% | $3.26B | +0.01% |
| FY Full Year | $1.28 | $1.27 | -0.61% | $12.60B | -0.01% |
| Q3 26 BEAT | $0.30 | $0.32 | +5.40% | $3.12B | +0.66% |
| Q2 26 MISS | $0.33 | $0.33 | -0.48% | $3.10B | +0.79% |
| Q1 26 BEAT | $0.34 | $0.35 | +3.15% | $3.12B | +1.15% |
| Q4 25 BEAT FY | $0.20 | $0.28 | +36.65% | $3.25B | +1.59% |
| FY Full Year | $1.19 | $1.04 | -12.60% | $11.86B | +0.42% |