Chewy (CHWY) Reports FQ1 2026 Revenue of $3.36 Billion

AI Summary

Chewy Inc. (CHWY) reported its FQ1 2026 financial results on June 10, showing net sales of $3.36 billion, reflecting a 7.7% year-over-year increase. The company reported a net income of $94.8 million and adjusted EBITDA of $253.1 million during the quarter. Chewy experienced improvements in gross margin and operational efficiency, attributed to strong customer growth and market share gains in the pet category. This continued profitability is essential for Chewy as it seeks to enhance long-term shareholder value in a competitive market.