Chewy Inc. (CHWY) posted a 14% year-over-year increase in quarterly revenue and a 22% rise in net profit, driven by expanded market share in the pet care e-commerce segment. The results signal robust demand and operational efficiency.
- Chewy’s Q4 revenue reached $1.12 billion, a 14% year-over-year increase.
- Net profit rose to $118 million, up 22% from the prior-year quarter.
- Active customer base grew to 25.6 million, up 9% YoY.
- Market share gains attributed to subscription model and logistics investments.
- CHWY stock rose 7% in after-hours trading following earnings release.
- Results reflect strong performance in pet care e-commerce amid retail sector headwinds.
Chewy Inc. (CHWY) delivered a solid fourth-quarter performance, reporting revenue of $1.12 billion, up 14% from the same period last year. Net profit rose to $118 million, a 22% improvement compared to the prior-year quarter, reflecting stronger margins and disciplined cost management. The company attributed the growth to increased customer acquisition and retention, as well as strategic investments in product assortment and logistics infrastructure. The results underscore Chewy’s continued dominance in the online pet supplies market, where it gained share from both traditional retailers and digital-first competitors. Analysts note that the company's subscription-based model and data-driven personalization tools helped drive repeat purchases and higher customer lifetime value. Active customers reached 25.6 million, a 9% increase year-over-year, indicating sustained engagement. The performance comes amid a challenging retail landscape, where many consumer discretionary firms are grappling with inflationary pressures and shifting spending patterns. Chewy’s ability to grow profitably suggests a resilient business model that benefits from recurring demand in essential pet care products. Its e-commerce platform continues to outpace broader retail trends, particularly in categories like prescription medications and premium pet food. The stock responded positively to the results, with CHWY shares rising 7% in after-hours trading. Investors appear reassured by the company’s ability to scale profitably while maintaining strong customer relationships. The earnings also bolster confidence in the consumer discretionary sector, especially for subscription-driven, digitally native retailers.