Chewy Inc stock (НИСЕ: ЦХВИ) soared more than 25% in extended trading on Wednesday after the pet products retailer reported a surprise profit for its fiscal Q1 and offered solid full-year guidance.
Chewy Q1 earnings snapshot
- Нето приход одштампан на 18.5 милиона долара у односу на цифру од пре годину дана од 38.7 милион долара.
- Зарада по акцији од 4 цента била је знатно нижа од прошлогодишњих 9 цента.
- Приход је скочио 14% у односу на претходну годину на 2.43 милијарди долара, према подацима саопштење о заради.
- Консензус ФацтСет-а био је за губитак од 11 центи по акцији на 2.41 милијарде долара прихода.
- Gross margin was down 10 bps to 27.5% in the recent financial quarter.
Залихе is still down nearly 50% for the year. In the earnings press release, CEO Sumit Singh said:
Our Q1 results are a testament to the resiliency of the pet category and clearly demonstrate our ability to execute against our strategic priorities. Moving forward, Chewy’s value proposition is as compelling as ever and we continue to innovate robustly, attract customers with high lifetime values, drive engagement, and capture greater share of wallet.
Chewy guidance for the future
Chewy now forecasts $10.2 billion to $10.4 billion in revenue this year, including up to $2.46 billion it expects in the fiscal second quarter.
In comparison, analysts had called for $2.44 billion in revenue for Q2 and $10.26 billion for the full financial year. Chewy said in the letter to shareholders:
While consumer demand remains resilient and pricing and cost are more align than they were in H2 of 2021, ongoing volatility in the macro environment continues to make accurate forecasting difficult. Inflation and supply constraints are expected to persist and the consumer’s post pandemic behaviour continues to evolve.
Порука Акције жвакања порасле су за 25% у продуженом трговању: истражите зашто појавио прво на Инвезз.
Source: https://invezz.com/news/2022/06/01/chewy-stock-soared-25-in-extended-trading-explore-why/