Chewy shares jump on strong results, upbeat outlook

Proactive

Wed, March 25, 2026 astatine 8:39 AM CDT 1 min read

Shares of Chewy Inc (NYSE:CHWY) rose implicit 14% astatine the unfastened connected Wednesday aft the online favored retailer reported fourth-quarter and full-year results that highlighted grounds profitability and issued a assured outlook.

Chewy posted full-year nett income of $12.6 billion, up 8.3% connected a normalized basis, portion fourth-quarter gross came successful astatine $3.26 billion, supported by what the institution described arsenic high-quality growth.

Adjusted EBITDA for the twelvemonth roseate 26% to $719.2 million, with margins expanding to 5.7%. The institution besides reported grounds escaped currency travel of $562.4 million.

Key operating metrics showed continued lawsuit engagement. Active customers roseate 4.0% year-over-year to 21.3 million, portion nett income per progressive lawsuit reached $591. Autoship, Chewy’s subscription-based offering, accounted for 83.3% of full sales.

Looking ahead, Chewy forecast fiscal 2026 nett income betwixt $13.6 cardinal and $13.75 billion, implying continued maturation and borderline expansion.

“We exited 2025 from a presumption of existent strength,” CEO Sumit Singh said, adding that the company’s show highlights the durability of its concern model.

Analysts astatine Jefferies said the results marked a coagulated extremity to the fiscal year, pointing to sequential maturation successful progressive customers and continued advancement successful margins. The brokerage noted that Chewy’s guidance for 8% to 9% gross maturation and further borderline enlargement came successful up of expectations, supported by momentum successful Autoship, healthcare offerings and its Chewy+ rank program.