[10-Q] Chewy, Inc. Quarterly Earnings Report
Chewy, Inc. (CHWY) reported strong first-quarter 2026 results, with net sales increasing 7.7% to $3.36 billion and net income rising 51.9% to $94.8 million. The company expanded its gross margin to 30.1% and adjusted EBITDA margin to 7.5%, driven by growth in active customers and higher net sales per active customer. Strategic investments included the acquisition of SmartPak for $175 million and a post-quarter agreement to acquire Modern Animal for $400 million, both aimed at strengthening its pet healthcare ecosystem.
https://www.stocktitan.net/sec-filings/CHWY/10-q-chewy-inc-quarterly-earnings-report-ce21d866d882.html