StockNews.AI
CHWY
StockNews.AI
146 days

Chewy Announces Fiscal Fourth Quarter and Full Year 2024 Financial Results

1. Chewy reported Q4 2024 net sales of $3.25 billion, up 14.9%. 2. Gross margin expanded to 28.5%, indicating improved profitability.

-1.58%Current Return
VS
-1.49%S&P 500
$33.6103/26 07:14 AM EDTEvent Start

$33.0803/27 01:38 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

Chewy's sales growth reflects strong demand and market share gains, similar to past outperformances during market rallies. Historical spikes in demand around pet ownership trends suggest positive stock movement.

How important is it?

The strong quarterly financial results directly indicate robust business performance, likely influencing investor confidence and stock valuation.

Why Short Term?

Immediate investor sentiment is likely to be positively influenced by recent financial results; however, long-term trends will depend on broader market conditions and competitive landscape.

Related Companies

PLANTATION, Fla.--(BUSINESS WIRE)--Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted destination for pet parents and partners everywhere, has released its financial results for the fiscal fourth quarter and full year 2024 ended February 2, 2025. Fiscal Q4 2024 Results (1): Net sales of $3.25 billion improved 14.9 percent year over year Gross margin of 28.5 percent expanded 30 basis points year over year Net income of $22.8 million, including share-based compensation expense and related taxes of $99.

Related News