Chewy Stock Rises on Earnings. Online Pet-Food Retailer Gains Market Share, CEO Says. -- Barrons.com

Dow Jones12-10 20:30

By Nate Wolf

Shares of Chewy rose Wednesday after the online pet-food retailer reported better-than-expected quarterly earnings.

The company posted adjusted earnings of 32 cents a share for its fiscal third quarter, surpassing analysts' consensus estimate of 30 cents, according to FactSet. Net sales totaled $3.12 billion, up 8.3% from the prior year and ahead of Wall Street's call for $3.1 billion.

Chewy stock jumped 2.8% in premarket trading Wednesday. Shares were up 4% this year as of Tuesday's close, weighed down by a dramatic post-earnings drop last quarter.

"Chewy continues to outperform the pet category and expand market share, with profits once again growing faster than sales," said CEO Sumit Singh in a statement.

Investors will be listening closely for fourth-quarter guidance in the company's conference call later Wednesday.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

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December 10, 2025 07:30 ET (12:30 GMT)

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