Chewy (NYSE:CHWY) stock is falling on Wednesday after Morgan Stanely (NYSE:MS) initiated a block sale of the company’s shares.This has the block sale including 12.3 million shares of CHWY stock that are being resold by Morgan Stanley for between $20.45 per share and $20.85 per share. That’s worth highlighting as the price of shares in the block sale is a discount from its prior closing price.A block sale occurs when a large chunk of a company’s shares are sold all at once. Stock exchanges typically consider ...

Key PointsPet stocks were beaten down after the pandemic bubble burst, but industry trends are aligned with growth. Chewy.com is the perfect choice in an industry where 85% of consumers use digital channels. Freshpet's lead into operational quality has it set up for sustained growth. 5 stocks we like better than ChewyPetstocks like Chewy, Inc NASDAQ: CHWY and Freshpet NASDAQ: FRPT are down significantly from their highs, but the bad times are over. Industry trends and consumer habits are coming back into al ...

Chewy, Inc. (NYSE:CHWY) Q3 2023 Earnings Call Transcript December 6, 2023 5:00 PM ET Company Participants Jen Hsu - Head of IR Sumit Singh - CEO Stacy Bowman - Interim CFO Conference Call Participants Eric Sheridan - Goldman Sachs Douglas Anmuth - JPMorgan Nathan Feather - Morgan Stanley Anna Andreeva - Needham Rick Patel - Raymond James Steven Zaccone - Citi Brian Fitzgerald - Wells Fargo Steven Forbes - Guggenheim Lee Horowitz - Deutsche Bank Rupesh Parikh - Oppenheimer Operator Hello, everyone. Thank you ...

Financial Performance - Net sales for the 13 weeks ended October 29, 2023, were $2,738,611, an increase of 8.2% compared to $2,532,122 for the same period last year[21] - Adjusted EBITDA for the 39 weeks ended October 29, 2023, was $279,167, reflecting a 30.5% increase from $213,970 in the prior year[21] - Free cash flow for the 39 weeks ended October 29, 2023, was $276,458, a significant increase of 258.2% compared to $77,179 in the prior year[21] - The company reported a net loss of $35,810 for the 13 weeks ended October 29, 2023, compared to a net income of $2,311 in the same period last year[21] - Adjusted net income for the 39 weeks ended October 29, 2023, was $213,576, up 36.8% from $156,151 in the previous year[21] - Basic and diluted loss per share for the 13 weeks ended October 29, 2023, was $(0.08), a decrease from earnings of $0.01 in the same period last year[24] Customer Metrics - Active customers decreased by 1.3% to 20,266 from 20,524 year-over-year[21] - Net sales per active customer increased by 13.8% to $543 from $477 in the same period last year[21] - Autoship customer sales increased by 12.8% to $2,093,077 from $1,855,979 year-over-year[21] Future Outlook - The company anticipates sustaining growth rates and expanding into new offerings while managing macroeconomic risks[32]

Chewy, Inc. (NYSE:CHWY) Q2 2023 Earnings Conference Call August 30, 2023 5:00 PM ET Company Participants Jen Hsu - Head of IR Sumit Singh - CEO Stacy Bowman - Interim CFO Conference Call Participants Doug Anmuth - JPMorgan Eric Sheridan - Goldman Sachs Steven Zaccone - Citi Anna Andreeva - Needham Dylan Carden - William Blair Mark Mahaney - Evercore Brian Fitzgerald - Wells Fargo Nathan Feather - Morgan Stanley Trevor Young - Barclays Seth Basham - Wedbush Lee Horowitz - Deutsche Bank Steven Forbes - Guggen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or For the transition period from ____ to ____ CHEWY, INC. (Exact name of registrant as specified in its charter) Delaware 90-1020167 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 7700 West Sunrise Boulevard, Plantation, Florida 33322 (Address of principal executive offices) (Zip Code ...

Chewy, Inc. (NYSE:CHWY) Q1 2023 Earnings Conference Call May 31, 2023 5:00 PM ET Company Participants Jen Hsu - Vice President, Head of Investor Relations Sumit Singh - Chief Executive Officer Mario Marte - Chief Financial Officer Conference Call Participants Mark Mahaney - Evercore Doug Anmuth - JPMorgan Anna Andreeva - Needham Rupesh Parikh - Oppenheimer Rick Patel - Raymond James Corey Grady - Jefferies David Bellinger - ROTH MKM Brian Fitzgerald - Wells Fargo Steven Zaccone - Citi Lee Horowitz - Deutsch ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38936 CHEWY, INC. FORM 10-Q For the Quarterly Period Ended April 30, 2023 You should not rely on forward-looking statements as predictions of future events, and you should understand that these statements are not guarantees of performance or results, and our actual results could dif er materially from those expressed in the forward-looking statements due to a variety of factors. We have base ...

Chewy, Inc. (NYSE:CHWY) Q4 2022 Results Conference Call March 22, 2023 5:00 PM ET Company Participants Bob LaFleur - Vice President, Investor Relations Sumit Singh - Chief Executive Officer Mario Marte - Chief Financial Officer Conference Call Participants Nat Schindler - Bank of America Anna Andreeva - Needham Jian Li - Evercore ISI Doug Anmuth - JPMorgan Corey Grady - Jefferies Seth Basham - Wedbush Brian Fitzgerald - Wells Fargo Lauren Schenk - Morgan Stanley Operator Good afternoon. Thank you for attend ...

10 Our ability to improve margins and maintain profitability will also depend on the factors described above. We cannot provide assurance that we will be able to successfully manage any of the foregoing challenges to our future growth. Any of these factors could cause our net sales growth to decline and may adversely affect our margins and profitability. We have also benefited from increasing pet ownership and discretionary spending on pets. To the extent these trends slow or reverse, our net sales, margins ...