Chewy: Fiscal Q4 Earnings Snapshot
By AP News
Published - Mar 20, 2024, 04:54 PM ET
Last Updated - Mar 20, 2024, 04:54 PM EDT
PLANTATION, Fla. (AP) — PLANTATION, Fla. (AP) — Chewy Inc. (CHWY) on Wednesday reported fiscal fourth-quarter earnings of $31.9 million.
The Plantation, Florida-based company said it had net income of 7 cents per share. Earnings, adjusted for one-time gains and costs, came to 18 cents per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The online pet store posted revenue of $2.83 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $2.79 billion.
