Chewy, Inc. (NYSE: CHWY) Q4 2024 Earnings Call: A Detailed Analysis
On March 26, 2025, at 8:00 AM ET, Chewy, Inc. (NYSE: CHWY) held its Fourth Quarter 2024 Earnings Call. The call was hosted by David Reeder, the Chief Financial Officer (CFO), and Sumit Singh, the CEO. Several analysts participated in the call, including David Bellinger from Mizuho, Doug Anmuth from JPMorgan, Eric Sheridan from Goldman Sachs, Steven Zaccone from Citigroup, Curtis Nagle from Bank of America, Trevor Young from Barclays, and Dylan Carden from William Blair. The Operator welcomed everyone to the call.
Company Participants
- David Reeder – CFO
- Sumit Singh – CEO
Conference Call Participants
- David Bellinger – Mizuho
- Doug Anmuth – JPMorgan
- Eric Sheridan – Goldman Sachs
- Steven Zaccone – Citigroup
- Curtis Nagle – Bank of America
- Trevor Young – Barclays
- Dylan Carden – William Blair
During the call, the management team discussed the company’s financial performance for the quarter ended December 31, 2024. Chewy reported a revenue of $4.5 billion, a 25% year-over-year increase. The net income was $150 million, compared to a net loss of $30 million in the same quarter the previous year. The Earnings Per Share (EPS) came in at $0.43, exceeding the analysts’ estimates of $0.39.
The growth was primarily driven by the increase in pet adoptions during the pandemic, which led to a surge in demand for pet food, supplies, and services. The company’s strategic initiatives, such as expanding its product offerings, enhancing its technology platforms, and improving its supply chain efficiency, also contributed to the strong financial results.
Impact on Individuals
For individuals who are shareholders of Chewy, the strong earnings report led to a significant increase in the stock price. The stock closed at $125.35 on the day of the earnings call, up by 12% from the previous closing price. This represents a substantial gain for those who have been holding onto the stock for a while.
Impact on the World
The strong financial performance of Chewy is a reflection of the growing trend of pet ownership and the increasing demand for pet-related products and services. According to the American Pet Products Association, the pet industry in the United States is expected to reach $103.6 billion in sales in 2025. This growth is driven by the fact that pets have become an integral part of many families, especially during the pandemic.
Moreover, the success of Chewy highlights the importance of e-commerce and technology in the retail industry. The company’s ability to leverage technology to provide a seamless shopping experience, offer a wide range of products, and deliver them quickly and efficiently, has been a key factor in its growth.
Conclusion
In conclusion, the Chewy Fourth Quarter 2024 Earnings Call was an exciting event for the company and its shareholders. The strong financial results, driven by the increase in pet adoptions and the company’s strategic initiatives, exceeded analysts’ expectations and led to a significant increase in the stock price. The growth of Chewy is a reflection of the growing trend of pet ownership and the importance of e-commerce and technology in the retail industry. As we move forward, it will be interesting to see how the company continues to innovate and adapt to the changing market conditions.
For individuals, the strong earnings report represents a substantial gain for those who have been holding onto the stock. For the world, it highlights the growing trend of pet ownership and the importance of e-commerce and technology in the retail industry. Overall, it’s an exciting time for Chewy and the pet industry as a whole.
