Chewy shares have gained about 10.1% over the past month, outperforming the S&P 500. The company reported first-quarter fiscal 2026 adjusted earnings of 43 cents per share, meeting estimates, while net sales of $3,357.2 million beat expectations. Autoship customer sales grew 10.5% to $2,832.6 million, representing 84.4% of total net sales. Chewy revised its full-year net sales outlook to between $13.4 billion and $13.55 billion, down from prior guidance of $13.6 billion to $13.75 billion, citing softer consumer trends. The consensus earnings estimate has since declined 18.29%, and the stock carries a Zacks Rank #5 (Strong Sell).
Chewy IncChewy revised full-year net sales outlook downward due to softer consumer trends.
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