love, chunibyo & other delusions hentai sexhentai.org hentai vagina porn comics henti hentaisharing.net condessa hentai kanami rance hentaihardcore.net fantina hentai نيكامهات eroplaytube.com الكس الابيض افلام جنسيه مصري realpornmovies.net سكس في الفرح
new sexy bf download pornview.org mallu aunty bathing videos مييرا هيلز pornoarabsex.com افلام سكس عائلي mayaratixxx.com pornmovstube.net www.ponr.com منى فاروق كامل 24pornload.com افلام سكس امريكاني افلام الديوث luksporno.net افلام سكس كرتون مترجم
girl sexy alohaporn.net bangla sex hd video download redtube mom and son pornbitter.com xxx lokel tamilnadu xvideo indian-porn-movies.net pornorc chloe grace moretz hot sexindiantube.net free indian sex mobi بقثثسثء arabicpornmovies.com سكس بوس واحضان
Home Business and Finance Chewy CHWY Q1 earnings report 2023

Chewy CHWY Q1 earnings report 2023

0
Chewy CHWY Q1 earnings report 2023

[ad_1]

A dog sits in front of the New York Stock Exchange during Chewy Inc.’s initial public offering, June 14, 2019.

Michael Nagle | Bloomberg | Getty Images

Shares of Chewy surged more than 13% in extended trading Wednesday after the pet retailer posted earnings that beat Wall Street’s estimates.

Here’s how the digital retailer did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:

  • Earnings per share: 5 cents, versus a loss of 4 cents a share expected
  • Revenue: $2.78 billion, versus $2.73 billion expected

The company’s reported net income for the three-month period that ended April 30 was $22.18 million, or 5 cents a share, compared with $18.47 million, or 4 cents a share, a year earlier.

Sales rose to $2.78 billion, up 14.7% from $2.43 billion a year earlier.

Net sales per active customer and sales from autoship customers reached record highs in the quarter, Chewy said in a press release.

Gross margins were up about 1 percentage point.

The earnings beat comes after the retailer posted its first annual profit at the close of fiscal 2022 earlier this year, but noted the pet industry was seeing softness in discretionary and hard goods categories, which carry higher margins than consumables such as pet food.

[ad_2]

LEAVE A REPLY

Please enter your comment!
Please enter your name here