Chewy reported first-quarter 2025 adjusted earnings of 35 cents per share, up 12.9% year-over-year and exceeding both Wall Street estimates and company guidance. According to Benzinga, Chewy reported Q1 2025 sales of $3.12 billion, up 8.3% year-over-year and above analyst expectations and company guidance. Chewy expects fiscal year 2025 sales between $12.30 billion and $12.45 billion, slightly below Wall Street’s estimate of $12.54 billion. The company also projects an adjusted EBITDA margin of 5.4% to 5.7%, up from 4.8% in 2024. BofA Securities expects Chewy to achieve strong 2025 earnings growth of 25%, driven by robust share gains and a projected 90 basis point EBITDA margin expansion. The firm maintains a Buy rating and \$49 price target, citing long-term earnings potential as topline trends improve.
