Chewy stock sinks on Q1 results, creating opportunity for investors Chewy stock sinks on Q1 earnings, creating opportunity for long-term investors AI Sentiment: 72/100 Bullish This score is generated through AI-driven analysis of the article's content. Author Wajeeh Khan Wajeeh K. Jun 10, 2026, 11:48 AM Generate Trading Ideas Generating powered by CHWY buy Buy Chewy (CHWY). Q1 missed EPS but the business metrics improved: revenue +7.7% YoY, gross margin +50 bps to 30.1%, and adjusted EBITDA up $60M. The sel ...

Thank you for joining us on the call today to discuss our first quarter results for fiscal year-end 2026. Joining me today are Chewy's CEO, Sumit Singh, and CFO, Chris Deppe. Our earnings release, which was filed with the SEC earlier today, has been posted to the investor relations section of our website. In addition to the earnings release, a presentation summarizing our results is also available on our website at investor.chewy.com. On our call today, we will be making forward-looking statements, includin ...

核心业绩与增长 - 2026财年第一季度净销售额为33.572亿美元，同比增长7.7% [3][28] - 季度净收入为9480万美元，同比增长51.9%；净利率为2.8%，同比提升80个基点 [3][29] - 调整后EBITDA为2.531亿美元，同比增长6040万美元；调整后EBITDA利润率达7.5%，同比提升130个基点 [3][29] - 季度新增近20万净客户，活跃客户总数达2149.7万，同比增长3.6% [1][31] 盈利能力与运营效率 - 毛利率为30.1%，同比提升50个基点 [3] - 运营收入为1.285亿美元，较上年同期的7690万美元大幅增长 [16] - Autoship客户销售额达28.326亿美元，同比增长10.5%，占净销售额比例提升至84.4% [31][32] - 自由现金流为7080万美元，同比增长45.4% [31][40] 资产负债表与现金流 - 截至2026年5月3日，现金及现金等价物为4.852亿美元，较期初的8.601亿美元有所减少，主要由于业务收购和股票回购 [9][22] - 库存从期初的8.648亿美元增加至10.079亿美元 [10] - 季度经营活动产生的现金流为1.085亿美元，同比增长25.6% [31] - 季度内用于投资活动的净现金为2.286亿美元，主要用于以1.748亿美元（净额）收购业务 [20][21] 战略举措与业务发展 - 宣布达成收购Modern Animal的最终协议，该公司是一家拥有29家诊所、提供24/7虚拟护理的兽医平台，旨在加速构建完全集成的宠物医疗生态系统 [44] - 首席执行官Sumit Singh将参加摩根大通全球技术、媒体和通信会议 [43] - 公司持续扩大产品和服务范围，提供约19万种产品，并与约4000个宠物行业品牌合作 [4] 每股收益与股东回报 - 基本每股收益为0.23美元，同比增长0.08美元；稀释后每股收益为0.23美元，同比增长0.08美元 [3][17] - 调整后基本每股收益为0.43美元，同比增长0.07美元；调整后稀释后每股收益为0.43美元，同比增长0.08美元 [3][30] - 季度内斥资2亿美元回购普通股 [21] - 加权平均流通股数（基本）约为4.138亿股 [18]