BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Chewy (CHWY) Earnings Preview: Wall Street Eyes Growth Amid Digital Expansion
Chewy (CHWY) Earnings Preview: Wall Street Eyes Growth Amid Digital Expansion
24
3
BTCCSquare news:
Pet retailer Chewy prepares to report Q2 earnings against Wall Street's expectations of $0.33 EPS and $3.1 billion revenue, marking potential year-over-year increases of 37.5% and 7.8% respectively. The company's recent 8.3% sales growth and margin expansion highlight its resilience in the competitive pet care sector.
Digital transformation remains central to Chewy's strategy, with website upgrades and Autoship program enhancements driving customer retention. Active users grew 3.8% to 20.8 million last quarter, suggesting sustained demand despite macroeconomic pressures.
By:
