Overview
- Chewy reported Q4 2024 adjusted EPS of $0.28, significantly surpassing the $0.05 consensus estimate, with revenue growing 14.9% year-over-year to $3.25 billion.
- Autoship program sales rose 21% year-over-year to $2.62 billion, accounting for over 80% of total sales, reflecting strong customer loyalty and recurring revenue growth.
- The active customer base increased by 2% to 20.5 million, with net sales per active customer rising 4% to $578 during the quarter.
- Chewy achieved a gross profit margin of 29.2% for the fiscal year, up from 28.4%, driven by supply chain efficiency improvements and cost management.
- For fiscal year 2025, the company projects sales growth of 6%-7% to $12.30-$12.45 billion and an adjusted EBITDA margin of 5.4%-5.7%, signaling continued business momentum.