Chewy, Inc. (CHWY) reported its fourth-quarter fiscal 2025 results on [insert date], with net sales of $3.265 billion, surpassing the Zacks Consensus Estimate of $3.256 billion and reflecting a 0.5% year-over-year increase. However, adjusted earnings per share stood at 27 cents, missing the estimate of 28 cents, and decreasing 3.6% year-over-year. The company ended the quarter with 21.3 million active customers, a 4% rise from the previous year.
AutoShip customer sales grew 4.8% to $2.74 billion, accounting for a record 84% of total net sales. Chewy’s gross profit rose 3.6% year-over-year to $959.7 million, with a gross margin of 29.4%, up from 28.5% the prior year. The company generated free cash flow of $232 million for the quarter and $562.4 million for the fiscal year, while maintaining a strong liquidity position with about $879 million in cash.
Looking ahead, Chewy anticipates first-quarter fiscal 2026 net sales between $3.33 billion and $3.36 billion, representing 7-8% year-over-year growth. For fiscal 2026, the company projects net sales of $13.6 to $13.75 billion, supported by the SmartEquine acquisition, with adjusted EBITDA expected to reach between $900 million and $930 million.
