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Chewy | 8-K: Chewy Announces First Quarter 2024 Financial Results

Chewy | 8-K: Chewy Announces First Quarter 2024 Financial Results

Chewy | 8-K:Chewy 公布 2024 年第一季度财务业绩
美股SEC公告 ·  05/29 07:38

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On May 29, 2024, Chewy, Inc. reported its financial results for the first quarter of fiscal year 2024, which ended on April 28, 2024. The company announced a net sales increase of 3.1% year over year to $2.88 billion, a gross margin increase to 29.7%, and a net income of $66.9 million. This includes share-based compensation expense and related taxes amounting to $69.5 million. The net margin rose by 150 basis points year over year to 2.3%, with basic and diluted earnings per share up by $0.10 to $0.15. Adjusted EBITDA grew by $52.1 million to $162.9 million, and adjusted net income increased by $49.1 million to $137.1 million. Concurrently, Chewy's Board of Directors authorized a share repurchase program of up to $500 million of its Class A and/or Class B common stock, with no set expiration date for the program. The company's CEO, Sumit Singh, expressed confidence in the company's value proposition and strategic roadmap execution. The financial results were discussed in a conference call and webcast held on May 29, 2024.
On May 29, 2024, Chewy, Inc. reported its financial results for the first quarter of fiscal year 2024, which ended on April 28, 2024. The company announced a net sales increase of 3.1% year over year to $2.88 billion, a gross margin increase to 29.7%, and a net income of $66.9 million. This includes share-based compensation expense and related taxes amounting to $69.5 million. The net margin rose by 150 basis points year over year to 2.3%, with basic and diluted earnings per share up by $0.10 to $0.15. Adjusted EBITDA grew by $52.1 million to $162.9 million, and adjusted net income increased by $49.1 million to $137.1 million. Concurrently, Chewy's Board of Directors authorized a share repurchase program of up to $500 million of its Class A and/or Class B common stock, with no set expiration date for the program. The company's CEO, Sumit Singh, expressed confidence in the company's value proposition and strategic roadmap execution. The financial results were discussed in a conference call and webcast held on May 29, 2024.
2024年5月29日,Chewy, Inc.公布了截至2024年4月28日的2024财年第一季度的财务业绩。该公司宣布净销售额同比增长3.1%,达到28.8亿美元,毛利率增长29.7%,净收入为6,690万美元。这包括基于股份的薪酬支出和总额为6,950万美元的相关税收。净利润率同比增长150个基点至2.3%,基本和摊薄后每股收益增长0.10美元,至0.15美元。调整后的息税折旧摊销前利润增长了5,210万美元,至1.629亿美元,调整后的净收入增加了4,910万美元,至1.371亿美元。同时,Chewy董事会批准了一项高达5亿美元的A类和/或B类普通股的股票回购计划,但该计划的到期日未确定。该公司首席执行官苏米特·辛格对公司的价值主张和战略路线图的执行表示了信心。2024年5月29日举行的电话会议和网络直播讨论了财务业绩。
2024年5月29日,Chewy, Inc.公布了截至2024年4月28日的2024财年第一季度的财务业绩。该公司宣布净销售额同比增长3.1%,达到28.8亿美元,毛利率增长29.7%,净收入为6,690万美元。这包括基于股份的薪酬支出和总额为6,950万美元的相关税收。净利润率同比增长150个基点至2.3%,基本和摊薄后每股收益增长0.10美元,至0.15美元。调整后的息税折旧摊销前利润增长了5,210万美元,至1.629亿美元,调整后的净收入增加了4,910万美元,至1.371亿美元。同时,Chewy董事会批准了一项高达5亿美元的A类和/或B类普通股的股票回购计划,但该计划的到期日未确定。该公司首席执行官苏米特·辛格对公司的价值主张和战略路线图的执行表示了信心。2024年5月29日举行的电话会议和网络直播讨论了财务业绩。
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