Chewy (CHWY) Tops Q1 EPS by 12c, Revs Beat Slightly

Chewy (NYSE: CHWY) reported Q1 EPS of $0.09, $0.12 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $2.14 billion versus the consensus estimate of $2.13 billion.

“2021 is already turning out to be an exciting and busy year for Chewy. We continue to execute against our growth roadmap, expand our customer base, increase share of wallet, and grow our addressable market-expanding verticals,” said Sumit Singh, Chief Executive Officer of Chewy. “I am incredibly proud of the determination and focus of our teams and their ability to accelerate our pace of innovation on behalf of our customers, while consistently delivering strong top-line and bottom-line results for our shareholders.”

GUIDANCE:

Sees Q2 sales of $2.15-$2.17 billion, versus the consensus of $2.13 billion.

Sees FY2021 sales of $8.9-$9 billion, versus the consensus of $8.95 billion.

For earnings history and earnings-related data on Chewy (CHWY) click here.

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