Chewy, Inc. reported significant growth in its third-quarter fiscal 2025 results, with total net sales reaching $3.1 billion. The company’s Autoship program generated $2.61 billion in sales, accounting for 84% of total net sales, marking a year-over-year increase of approximately 13.6%. Adjusted EBITDA rose 30% year over year to $180.9 million, while the gross margin expanded by 50 basis points to 29.8%.
As of the end of the third quarter, Chewy had 21.2 million active customers, a 5% increase year over year, and net sales per active customer reached $595, also an increase of nearly 5%. The performance of Chewy’s paid membership program, Chewy+, remains strong, with a recent increase in membership fees from $49 to $79 indicating resilient demand despite the price change.
Chewy’s shares have declined by 1.2% year to date, contrasting with the industry’s 2.4% gain. The Zacks Consensus Estimate for Chewy’s earnings for the current and next fiscal years is $1.28 and $1.56 per share, respectively, representing expected growth rates of 23.1% and 22.1% year over year.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
