Chewy’s Financial Performance and Future Outlook
Chewy Inc. (NYSE: CHWY) reported over $9.3 billion in net sales for the first nine months of fiscal 2025, reflecting an 8% increase from the same period in fiscal 2024. Despite facing a challenging market, the company’s gross revenue growth has been attributed to its successful Autoship program and diversification into pet insurance and telehealth services.
As of November 2, 2025, Chewy’s net income reached $184 million, significantly down from $371 million during the same period last year, primarily due to a $216 million income tax benefit in fiscal 2024. Analysts predict an 8% revenue increase for fiscal 2027, suggesting potential recovery for the stock by 2026 as the company continues to develop new revenue streams and improve financial metrics.
