NYSE$CHWY

Chewy · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Chewy's Q3 2020 financial results were released, showing significant year-over-year growth in net sales and improved profitability.

Chewy reported record net sales of $1.78 billion, a 45% increase year-over-year. Gross margin expanded to 25.5%, and adjusted EBITDA improved significantly. The company's focus on execution and inventiveness drove positive results, with strategic initiatives in proprietary brands and healthcare offerings contributing to the momentum.

  • Net sales reached $1.78 billion, representing a 45% increase year-over-year.
  • Gross margin expanded by 180 basis points to 25.5%.
  • Net loss was $32.8 million, which includes share-based compensation expense of $25.1 million.
  • Adjusted EBITDA improved 118% year-over-year, reaching $5.5 million.

Headline financials

Total Revenue

$1.78B

Previous: $1.23B+44.9%
EPS (adj)

-$0.08

Previous: -$0.20+60.0%
Free Cash Flow

-$32.8M

Previous: -$79M+58.4%
Net Income

-$32.8M

Previous: -$79M+58.4%
Operating Income

-$32.3M

Previous: -$78.8M+59.0%
Gross Profit

$455M

Previous: $292M+55.8%

Revenue & EPS history

Chewy · Revenue · Quarterly

$1.78B

Q3 2020+44.9%vs Q3 2019
Beat estimate in 8 of 12 quarters(67%)
ActualEstimate

Forward guidance

No forward guidance was provided in the press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

-1.0%

Avg return

Earnings day

-0.9%

Avg return

5 days after

+2.2%

Avg return

30 days after

46%

13 / 28 earnings

Positive

+27.4%

Q1 2024

Best reaction

-16.6%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%-5.2%
Q4 2025+1.0%-1.5%
Q3 2026+1.5%-4.9%-7.7%
Q2 2026-16.6%-12.2%-7.3%
Q1 2025+0.1%+4.5%-5.6%
Q4 2024-1.1%-3.3%+9.5%
Q3 2024-7.6%-8.1%+7.0%
Q2 2024+11.0%+10.4%+15.9%
Q1 2024+27.4%+31.6%+61.1%
Q4 2023-4.6%-7.6%-3.2%
Q3 2023+4.4%+10.0%+10.9%
Q2 2023-12.1%-9.6%-33.1%
Q1 2023+18.7%+21.9%+30.7%
Q4 2022-12.4%-13.8%-17.6%
Q3 2022+5.9%+8.1%-9.0%
Q2 2022-9.7%-13.8%-18.2%
Q1 2022+17.7%+11.9%+50.0%
Q4 2021-12.3%-16.1%-33.9%
Q3 2021-13.9%-8.7%-19.3%
Q2 2021-10.0%-12.9%-23.5%
Q1 2021-3.9%-5.0%+10.0%
Q4 2020+7.4%+4.9%+3.3%
Q3 2020+1.1%+13.8%+31.0%
Q2 2020-12.5%-12.0%+0.1%
Q1 2020+1.8%-1.3%+6.5%
Q3 2019+2.2%+13.3%+14.7%
Q2 2019-6.7%-13.3%-12.1%
Q1 2019-3.1%-6.5%-2.3%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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