Chewy (CHWY) Q4 Revenue Misses

Chewy (NYSE: CHWY) reported Q4 revenue of $2.39 billion versus the consensus estimate of $2.42 billion. Net loss of $63.6 million, including share-based compensation expense of $15.8 million.

“Our ability to deliver 24 percent net sales growth in 2021, on top of the outsized growth we delivered last year, reflects the durability of our business and the Pet category beyond the near-term benefits of the pandemic, and is a strong testament to Chewy’s ability to execute in the face of rapidly evolving macro conditions,” said Sumit Singh, Chief Executive Officer of Chewy. “Net sales per active customer, or NSPAC, of $430 is a new company high and demonstrates strong customer loyalty and engagement on our platform, as well as our ability to steadily grow share of wallet. As we look to 2022 and beyond, our innovation pipeline remains robust, our strategy remains intact, and we remain optimistic about the growth opportunity ahead of us.”

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

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