Chewy (CHWY) Q1 2025 Earnings Call Transcript
Image source: The Motley Fool.Need a quote from one of our analysts? Email pr@fool.comChewy (NYSE:CHWY) delivered above-guidance net sales and accelerated active customer growth, supported by gains in hard goods and increased AutoShip penetration. Management reported continued sequential improvement in sponsored ads revenue following the migration to its first-party platform and a full rollout of the Chewy Plus paid membership program after a successful beta. Guidance for Q2 FY2025 projects 7%-8% revenue growth, with management maintaining full-year top-line and margin targets while signaling flexibility to revise FY2025 guidance upward based on performance.Continue reading
Image source: The Motley Fool.
Need a quote from one of our analysts? Email pr@fool.com
Chewy (NYSE:CHWY) delivered above-guidance net sales and accelerated active customer growth, supported by gains in hard goods and increased AutoShip penetration. Management reported continued sequential improvement in sponsored ads revenue following the migration to its first-party platform and a full rollout of the Chewy Plus paid membership program after a successful beta. Guidance for Q2 FY2025 projects 7%-8% revenue growth, with management maintaining full-year top-line and margin targets while signaling flexibility to revise FY2025 guidance upward based on performance.
