Welcome to our dedicated page for Chewy news (Ticker: CHWY), a resource for investors and traders seeking the latest updates and insights on Chewy stock.
Chewy Inc. (NYSE: CHWY), the leading e-commerce destination for pet parents, provides essential updates through this dedicated news hub. Track official press releases, financial disclosures, and strategic developments from the company redefining online pet care retail.
Investors and industry observers will find timely updates on quarterly earnings, product innovations like pharmacy services expansion, and partnership announcements. This resource consolidates regulatory filings, leadership updates, and operational milestones while maintaining strict editorial neutrality.
Key coverage areas include new market entries, sustainability initiatives in pet product packaging, and technology enhancements to Chewy's customer platform. Content is curated to help stakeholders monitor growth indicators and corporate strategy without promotional bias.
Bookmark this page for direct access to Chewy's evolving story in the $140B U.S. pet care industry. Verify time-sensitive filings through linked SEC documents and supplement your research with primary source materials from this trusted repository.
Chewy (NYSE: CHWY) has announced its fiscal Q4 and full year 2024 financial results, showing strong performance across key metrics. Q4 net sales reached $3.25 billion, up 14.9% year-over-year, with gross margin expanding 30 basis points to 28.5%. The quarter saw net income of $22.8 million and adjusted EBITDA of $124.5 million.
For full year 2024, net sales grew 6.4% to $11.86 billion, with gross margin improving 80 basis points to 29.2%. Net income reached $392.7 million, with net margin expanding 290 basis points to 3.3%. The company's adjusted EBITDA increased by $202.5 million to $570.5 million, while adjusted EBITDA margin expanded 150 basis points to 4.8%.
CEO Sumit Singh highlighted that both topline growth and profitability exceeded guidance ranges, driven by strong active customer growth and Autoship customer loyalty.
Chewy (NYSE: CHWY) has announced it will release its fiscal fourth quarter and full year 2024 financial results before market opening on Wednesday, March 26, 2025. The company will host a conference call and webcast at 8:00 am ET to discuss the results.
The company currently partners with approximately 3,500 trusted pet industry brands and offers around 115,000 products and services through their online platforms. Chewy positions itself as the leading online destination for pet products, supplies, and prescriptions, offering competitive prices and personalized customer service to build brand loyalty and encourage repeat purchases.
Chewy (NYSE: CHWY) announced that CFO David Reeder will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on March 5, 2025, at 7:45 AM PT. The event will be accessible via live audio webcast on Chewy's investor relations website, with a replay available for 90 days.
The company positions itself as the leading online destination for pet products, serving pet parents and partners with approximately 115,000 products and services. Chewy partners with 3,500 trusted brands in the pet industry while also offering their own private brands. Their platform enables customers to manage their pets' health, wellness, and merchandise needs through websites and mobile applications.
Maev, the fastest-growing pet brand in the US, has announced its launch on Chewy (NYSE: CHWY). The company, which specializes in frozen raw dog food, is offering its complete product line including Beef, Chicken, and Puppy formulas through the Chewy platform.
As a leader in the rapidly growing raw food category, Maev produces human-grade raw dog food that addresses common nutritional gaps, featuring higher protein and nutrient content compared to traditional kibble, fresh, or home-cooked meals. Their products are free from additives and fillers, and promise noticeable benefits within 28 days.
This partnership with Chewy represents a significant expansion in Maev's distribution network, making their premium raw dog food products more accessible nationwide.
Chewy (NYSE: CHWY) announced the pricing of a public offering of 15,852,886 shares of Class A common stock by Buddy Chester Sub , an entity affiliated with BC Partners. The selling stockholder granted a 30-day option for an additional 2,377,932 shares. Concurrent with the offering, Chewy will repurchase $50 million of its Class A shares at the same price as the underwriter's purchase price.
The repurchase was approved by a special committee of independent directors and is separate from Chewy's existing $500 million share repurchase program. Post-transaction, Chewy will have approximately 178 million Class A shares and 229 million Class B shares outstanding. The offering and repurchase are expected to close by December 13, 2024. Barclays is acting as the sole underwriter.
Chewy (NYSE: CHWY) announced a public offering of $500 million worth of Class A common stock by Buddy Chester Sub , an entity affiliated with BC Partners, Chewy's largest shareholder. The selling stockholder will grant underwriters a 30-day option for an additional $75 million in shares.
Concurrent with the offering, Chewy will repurchase $50 million of Class A Common Stock from the selling stockholder at the same price paid by underwriters. This repurchase is separate from Chewy's existing $500 million share repurchase program and will result in cancelled and retired shares. Barclays is acting as the sole underwriter for the offering.
Chewy (NYSE: CHWY) reported strong Q3 2024 financial results with net sales of $2.88 billion, up 4.8% year over year. The company achieved a gross margin of 29.3%, representing an 80 basis points increase. Net income reached $3.9 million, with a net margin of 0.1%, up 140 basis points year over year.
Notable improvements include Adjusted EBITDA of $138.2 million, increasing by $55.7 million, and adjusted net income of $84.9 million, up by $21.5 million year over year. The company reported basic and diluted earnings per share of $0.01, and adjusted EPS of $0.20, marking increases of $0.09 and $0.05 respectively year over year.
Chewy (NYSE: CHWY) announced it will report its fiscal third quarter 2024 financial results before market opens on Wednesday, December 4, 2024. Management will host a conference call and webcast at 8:00 am ET to discuss the results. The company offers approximately 115,000 products and services through partnerships with 3,500 pet industry brands, along with their private label offerings. Chewy positions itself as the leading online destination for pet products, supplies, and prescriptions, focusing on competitive pricing and exceptional customer service.
Chewy (NYSE: CHWY) is relaunching its Chewy Claus holiday campaign, allowing pets and their owners to submit wish lists through December 20. For each letter submitted, Chewy will donate one pound of pet food to non-profit partners, up to 600,000 pounds. The company is partnering with Best Friends Animal Society to provide free pet adoptions from November 29 to December 1 at participating shelters nationwide. Since the program's 2022 debut, over 500,000 pets have written letters to Chewy Claus. The initiative aims to help shelter pets find homes while spreading holiday cheer through pet food donations.
Chewy, Inc. (NYSE: CHWY) announced the pricing of an underwritten offering of 16,666,667 shares of its Class A common stock by Buddy Chester Sub , an entity affiliated with BC Partners, at $30.00 per share. Concurrently, Chewy will repurchase $300 million worth of its Class A common stock from the Selling Stockholder at the same price. The Offering and Concurrent Repurchase are expected to close by September 23, 2024.
Key points:
- Chewy will not sell any shares or receive proceeds from the Offering
- The underwriter has a 30-day option to purchase up to 2,500,000 additional shares
- The Concurrent Repurchase is separate from Chewy's existing $500 million share repurchase program
- Post-transaction, Chewy will have approximately 160 million Class A and 248 million Class B shares outstanding
- Morgan Stanley is the sole underwriter for the Offering
