Chewy, Inc. released its financial results for the second quarter of fiscal year 2025, ending August 3, 2025.
Key highlights include net sales of $3.10 billion, an 8.6% increase year over year, and a gross margin increase to 30.4%.
The company reported a net income of $62.0 million and adjusted EBITDA of $183.3 million.
Strong Sales Growth
Q2 net sales exceeded expectations, growing nearly 9% year over year to $3.1 billion.
Customer Engagement
Autoship customer net sales increased by 15%, representing 83% of total net sales for the quarter.
Active Customers Expansion
Active customer base and share of wallet grew 4.5% year over year, reaching nearly 21 million customers and $591, respectively.
- Chewy's differentiated value proposition continues to drive growth, with a focus on customer engagement and increasing market share.
- The positive financial results reflect the company's commitment to enhancing its online platform and expanding product offerings.
Overall, Chewy's fiscal Q2 2025 results demonstrate resilience and strategic initiatives contributing to sustained growth in the competitive pet industry market.