By Connor Hart
Chewy logged a higher fourth-quarter profit as revenue ticked up, and the company guided for continued growth in the years to come.
The online pet-supplies retailer on Wednesday posted a profit of $39.2 million, or 9 cents a share, for its quarter ended Feb. 1, compared with $22.8 million, or 5 cents a share, in last year's comparable period.
Stripping out one-time items, earnings were 27 cents a share. Analysts polled by FactSet expected adjusted earnings of 28 cents a share.
Revenue ticked 0.5% higher to $3.26 billion, just below Wall Street models for $3.27 billion.
Active customers rose 4% to 21.3 million, while net sales per active customers climbed 2.2% to $591.
Chief Executive Sumit Singh said Chewy's performance last year underscores the durability of its business model, and gives the company confidence it can deliver profitable growth and expand margins over the coming years.
Shares rose 8.4%, to $25.41, in premarket trading.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
March 25, 2026 07:31 ET (11:31 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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