Chewy Earnings Announcement
Chewy Inc. (NYSE: CHWY), the largest online pet retailer in the U.S., will report its fourth-quarter and full-year earnings on March 25, 2025. The company’s stock has dropped over 70% in the past five years amidst intensified competition and market challenges.
Sales and Growth Metrics
Chewy experienced rapid growth during fiscal 2020, with active customers increasing by 43% and total net sales up by 47%. However, growth has slowed significantly since then, with active customer growth at (2%) in FY 2023 and projected at only 2% for FY 2024. In the third quarter of 2025, 83.9% of its net sales derived from Autoship customers, up from 79.2% in fiscal 2024. Analysts project a 6% increase in revenue and 25% growth in adjusted EBITDA for 2025.
Future Outlook
Despite challenges, Chewy aims to stabilize its business by expanding its Autoship subscriptions and product offerings. The company has an enterprise value of $8.9 billion and is currently trading at just 9 times next year’s adjusted EBITDA, hinting at potential undervaluation as it prepares for its upcoming earnings report.
