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Chewy Announces Fiscal Fourth Quarter and Full Year 2024 Financial Results

1. Chewy's Q4 2024 net sales reached $3.25 billion, a 14.9% increase. 2. Gross margin improved to 28.5%, indicating operational efficiency gains.

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Why Bullish?

The strong growth in sales and improved margins signal robust demand. Historically, Chewy's stock has responded positively to favorable quarterly results.

How important is it?

With improved sales and margins, the article is likely to boost investor confidence in Chewy, impacting stock performance positively.

Why Short Term?

Investors typically react quickly to quarterly earnings results. Short-term price movements can be predicted based on quarterly performance outcomes.

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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.

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