Chewy (CHWY) Expected to Announce Quarterly Earnings on Wednesday

Chewy (NYSE:CHWY - Get Free Report) is projected to post its Q1 2026 quarterly earnings results before the market opens on Wednesday, June 11th. Analysts expect Chewy to post earnings of $0.34 per share and revenue of $3.08 billion for the quarter. Chewy has set its Q1 2025 guidance at 0.300-0.350 EPS and its FY 2025 guidance at EPS.

Chewy (NYSE:CHWY - Get Free Report) last issued its earnings results on Wednesday, March 26th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.25. The business had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.20 billion. Chewy had a return on equity of 24.47% and a net margin of 3.51%. The business's quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the company earned $0.07 EPS. On average, analysts expect Chewy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Chewy Stock Up 0.3%

Chewy stock traded up $0.16 during mid-day trading on Thursday, hitting $47.44. The company had a trading volume of 6,006,305 shares, compared to its average volume of 5,708,440. The stock has a market cap of $19.62 billion, a price-to-earnings ratio of 52.14, a PEG ratio of 2.21 and a beta of 1.69. Chewy has a 1 year low of $19.75 and a 1 year high of $48.23. The business has a fifty day moving average of $38.17 and a 200 day moving average of $36.13.

Insiders Place Their Bets

In other news, CEO Sumit Singh sold 8,552 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $33.35, for a total transaction of $285,209.20. Following the completion of the sale, the chief executive officer now directly owns 62,096 shares in the company, valued at $2,070,901.60. This trade represents a 12.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO David Reeder sold 7,863 shares of the business's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $36.50, for a total value of $286,999.50. Following the completion of the transaction, the chief financial officer now owns 11,582 shares in the company, valued at approximately $422,743. This trade represents a 40.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 236,046 shares of company stock worth $9,387,635 in the last quarter. 2.10% of the stock is owned by corporate insiders.

Institutional Trading of Chewy

Hedge funds and other institutional investors have recently bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Chewy by 31.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 383,966 shares of the company's stock worth $12,483,000 after buying an additional 92,129 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Chewy by 5,238.3% during the 1st quarter. NewEdge Advisors LLC now owns 32,510 shares of the company's stock valued at $1,057,000 after acquiring an additional 31,901 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Chewy by 1.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,176,138 shares of the company's stock worth $38,236,000 after purchasing an additional 17,788 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Chewy during the first quarter worth $510,000. Finally, Focus Partners Wealth acquired a new position in Chewy in the first quarter worth $434,000. 93.09% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on CHWY shares. Citigroup raised their target price on shares of Chewy from $40.00 to $42.00 and gave the stock a "buy" rating in a research note on Thursday, March 27th. Needham & Company LLC restated a "hold" rating on shares of Chewy in a research report on Thursday, March 27th. JPMorgan Chase & Co. cut their target price on shares of Chewy from $40.00 to $36.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. The Goldman Sachs Group upped their price objective on shares of Chewy from $40.00 to $45.00 and gave the company a "buy" rating in a research note on Thursday, March 27th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $42.00 price target on shares of Chewy in a report on Thursday, March 27th. Seven research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company's stock. According to MarketBeat.com, Chewy presently has a consensus rating of "Moderate Buy" and an average target price of $41.00.

Chewy Company Profile

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.