Companies /Consumer Cyclical

Chewy Inc - Class A

NYSE: CHWY Internet Retail
$20.75
▼ $2.53 (−10.85%) today
Markets closed · 5:58pm ET

Q1 2027 Earnings

Reported Jun 10, 2026, 7:04am ET · SEC source
$0.43
Beat +0.00%
EPS · est. $0.43
$3.4B
Beat +0.21%
Revenue · est. $3.4B
−1.8%
Trailing market
CHWY vs S&P since report
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
−10%−5%0+5%Jun 10Jun 11report 7:04am ETearnings−0.4%−10.2%
−10%−5%0+5%Jun 10Jun 11earnings−0.4%−10.2%
CHWY −10.2%S&P 500 −0.4%
−10%−5%0+5%Jun 10Jun 11report 7:04am ETearnings+0.3%−10.2%
−10%−5%0+5%Jun 10Jun 11earnings+0.3%−10.2%
CHWY −10.2%NASDAQ +0.3%
−12%−6%0Jun 9Jun 18report 7:04am ETearnings+2.2%−16.1%
−12%−6%0Jun 9Jun 18earnings+2.2%−16.1%
CHWY −16.1%S&P 500 +2.2%
−14%−7%0+7%Jun 9Jun 18report 7:04am ETearnings+5.4%−16.1%
−14%−7%0+7%Jun 9Jun 18earnings+5.4%−16.1%
CHWY −16.1%NASDAQ +5.4%
−2.06%
Day of report
−6.06%
Next session
−11.06%
One week
+1.85%
30 days

S&P 500 over the same 30 days: +3.64%.

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 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

“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.”

Chewy CEO, on the earnings call

CHWY YoY Financials

Revenue$3.4B
Gross Profit$1.0B
Operating Income$128.5M
Net Income$94.8M

CHWY Revenue by Segment

Autoship Customer Sales$2.8B+10.5%

Figures from SEC filings and company reports. Not investment advice.