Chewy Financial Update
Chewy (NYSE: CHWY) reported its fiscal 2025 revenues reached $9.3 billion for the first nine months, an 8% increase from the previous year. The company achieved an operating income of $212 million during this period, a 74% rise from $122 million in the same timeframe last year. Analysts project revenue growth of 6% for the current fiscal year and 8% in fiscal 2027.
Despite a stock price decline beginning in early 2021, Chewy’s valuation metrics show improvement, with its price-to-sales (P/S) ratio dropping from nearly 7 to 0.9. The forward P/E ratio stands at 17, indicating a potential rebound for the stock, which has been trading within a limited range for four years.
Investor confidence may be revitalizing as Chewy expands its services, including veterinary telehealth and pharmaceuticals. The stock, considered attractive for value investors, may indicate an opportune moment for buying as the market takes note of its financial gains and improving valuation.
