Chewy's Stock Jumps 6% After Earnings Beat Estimates

Dow Jones08-28

Chewy Inc.'s stock rose 5.7% in morning trading Wednesday, after the online retailer of pet food and products posted better-than-expected earnings for its fiscal second quarter.

The company had net income of $299.1 million, or 68 cents a share, for the quarter to July 28, up from $20.2 million, or 5 cents a share, in the year-earlier period.

Adjusted for one-time items, EPS came to 24 cents, ahead of the 2-cent FactSet consensus.

Sales rose to $2.859 million from $2.785 million a year ago, in line with the $2.858 billion FactSet consensus.

The company ended the quarter with 20 million active customers and net sales per active customer of $565, a new record.

The stock has fallen 9.4% in the year to date, while the S&P 500 has gained 18%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2462455924?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-28 21:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2462455924","market":"us","top_or_hot":-1,"title":"Chewy's Stock Jumps 6% After Earnings Beat Estimates","media":"Dow Jones","content":"<html><head></head><body><p>Chewy Inc.&#39;s stock rose 5.7% in morning trading Wednesday, after the online retailer of pet food and products posted better-than-expected earnings for its fiscal second quarter.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8b1a8ff555541ecc1525ebec4d99bf6e\" tg-width=\"874\" tg-height=\"625\"/></p><p>The company had net income of $299.1 million, or 68 cents a share, for the quarter to July 28, up from $20.2 million, or 5 cents a share, in the year-earlier period.</p><p>Adjusted for one-time items, EPS came to 24 cents, ahead of the 2-cent FactSet consensus.</p><p>Sales rose to $2.859 million from $2.785 million a year ago, in line with the $2.858 billion FactSet consensus.</p><p>The company ended the quarter with 20 million active customers and net sales per active customer of $565, a new record.</p><p>The stock has fallen 9.4% in the year to date, while the S&amp;P 500 has gained 18%.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chewy's Stock Jumps 6% After Earnings Beat Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChewy's Stock Jumps 6% After Earnings Beat Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-28 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chewy Inc.'s stock rose 5.7% in morning trading Wednesday, after the online retailer of pet food and products posted better-than-expected earnings for its fiscal second quarter.The company had net ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHWY","symbol_name":"Chewy, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2462455924","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2462455924","pubTimestamp":1724852199,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Chewy Inc.'s stock rose 5.7% in morning trading Wednesday, after the online retailer of pet food and products posted better-than-expected earnings for its fiscal second quarter.The company had net income of $299.1 million, or 68 cents a share, for the quarter to July 28, up from $20.2 million, or 5 cents a share, in the year-earlier period.Adjusted for one-time items, EPS came to 24 cents, ahead of the 2-cent FactSet consensus.Sales rose to $2.859 million from $2.785 million a year ago, in line ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CHWY":"Chewy, Inc."},"translate_title":"盈利超出预期后，Chewy股价上涨6%","themeId":"c0d77e622a6742cf8335299f8317b4b4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHWY":0.9},"content_text":"Chewy Inc.'s stock rose 5.7% in morning trading Wednesday, after the online retailer of pet food and products posted better-than-expected earnings for its fiscal second quarter.The company had net income of $299.1 million, or 68 cents a share, for the quarter to July 28, up from $20.2 million, or 5 cents a share, in the year-earlier period.Adjusted for one-time items, EPS came to 24 cents, ahead of the 2-cent FactSet consensus.Sales rose to $2.859 million from $2.785 million a year ago, in line with the $2.858 billion FactSet consensus.The company ended the quarter with 20 million active customers and net sales per active customer of $565, a new record.The stock has fallen 9.4% in the year to date, while the S&P 500 has gained 18%.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2462455924"}