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 expanded its pet health offerings with the introduction of CarePlus, a suite of insurance and wellness plans now available in 31 states, aiming for nationwide availability by late 2022. CarePlus provides 24/7 access to customer care, telehealth services with licensed veterinarians, and covers 100% of eligible prescription costs. Plans start at $20 per month, offering preventative care and financial support for accidents and illnesses. This initiative is part of Chewy's goal to enhance pet healthcare accessibility and affordability.
Chewy surpasses $100 million in donations to support over 9,000 non-profit organizations through its Chewy Gives Back program since 2012. This initiative has provided more than 96 million meals and 64 million pounds of pet food to pets in need across 50 states. Chewy's efforts include innovative tools like the Wish List for shelters and an Adoptable Pets service, reinforcing its commitment to animal welfare. The company emphasizes community partnership and seeks to enhance the lives of pets and their caregivers.
Chewy (NYSE: CHWY) reported its financial results for Q1 2022, ending May 1, with net sales of $2.43 billion, up 13.7% year-over-year. However, gross margin slightly declined to 27.5%, while net income was $18.5 million, reflecting a 100 basis point drop in net margin to 0.8%. Adjusted EBITDA fell 21.8% to $60.5 million, with a margin of 2.5%. Despite these challenges, CEO Sumit Singh expressed optimism about Chewy's growth trajectory and strategic initiatives.
Chewy, Inc. (NYSE: CHWY) will announce its fiscal first quarter 2022 financial results on
Chewy, Inc. (NYSE: CHWY) reported a net sales of $2.39 billion for fiscal Q4 2021, a 17% increase year-over-year. However, the company faced a net loss of $63.6 million, which includes share-based compensation of $15.8 million. Gross margin decreased to 25.4%, down 170 basis points year-over-year. For the full year 2021, net sales reached $8.89 billion, a 24% increase from the previous year, while the total net loss was $73.8 million. Despite challenges, CEO Sumit Singh emphasized the company's innovation pipeline and customer loyalty.
Chewy, Inc. (NYSE: CHWY) is set to report its fiscal fourth quarter and full year 2021 financial results after market close on
Chewy (NYSE: CHWY) launches its new campaign, “Chatty Pets,” highlighting the unique personalities of pets through humorous storytelling. Centered on the excitement pets feel for Chewy deliveries, the campaign features five engaging pet characters, including Joy the dramatic cat and Giorgio the feisty Chihuahua. Developed in collaboration with the creative agency 72andSunny, the campaign aims to strengthen Chewy's connection with pet owners. The advertisements will be aired across various platforms, enhancing brand engagement and visibility.
Chewy (NYSE: CHWY) reported fiscal Q3 2021 net sales of $2.21 billion, a year-over-year increase of 24.1%. The gross margin expanded to 26.4%, up 90 basis points year-over-year. However, the company faced a net loss of $32.2 million, attributed partly to $19.1 million in share-based compensation. Adjusted EBITDA stood at $6.0 million, reflecting 9.9% growth year-over-year. Chewy emphasized strong consumer demand but acknowledged challenges from supply chain issues and inflation.
Chewy partners with Trupanion to provide exclusive health insurance and wellness plans to over 20 million customers. This collaboration aims to enhance Chewy's health care offerings, simplifying the insurance process for pet parents. Customers will benefit from preventative care and comprehensive insurance for pets, with convenient access to additional services and 24/7 customer support. The plans launch on Chewy.com in Spring 2022, leveraging Trupanion's technology to facilitate direct payments to veterinarians, reducing out-of-pocket costs for pet owners.
Chewy (NYSE: CHWY) announced a new campaign offering to match up to $2 million in customer donations to shelters and rescues during the season of giving. From November 24-30, 2021, donations made through a shelter's Wish List will be matched, potentially doubling the impact for animal welfare organizations nationwide. This initiative is part of Chewy's Chewy Gives Back program, which collectively has contributed over $30 million in donations this year. The campaign aims to support organizations in need and fulfill basic necessities for pets.
