Chewy, Inc. (NYSE:CHWY) announced second quarter financial statement ahead of the usual market hours.
In the latest quarter, the business published an adjusted income of $0.24 per share, grew 60 percent in contrast to the corresponding quarter of prior year.
The revenues amounting to $2859 million, climbed 2.92 percent when looking at the comparable quarter of preceding year.
The findings outshined the wall street projected $0.02 profit per share, yet did not quite meet the forecasted $2869.15 million in revenue.
Looking ahead at financial projections The business has established revenue goal that spans between $11.6 and $11.80 billion for full year 2024. At the same time Wall Street analysts predict from revenues of $11.78 billion
The business has set revenue goal falling in the range of $2.84 to $2.86 billion for Q3 2024. However Wall Street analysts expect revenues of $2.86 billion.
| Period | Type | Company Outlook |
Analysts Estimate |
Company Vs.* Analysts |
|---|---|---|---|---|
| FY 2024 | REV | $11.6 B~$11.8 B | $11.78 B | -0.7% |
| Q3 2024 | REV | $2.84 B~$2.86 B | $2.86 B | -0.3% |
*Based on mid-point
Chewy (CHWY) closed Tuesday’s regular trading session at $25.86, marking a 0.19 percent gain, with a volume of 7.21 million shares.
