Chewy, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended August 1, 2021
September 01, 2021 at 09:05 pm
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Chewy, Inc. announces unaudited consolidated earnings results for the second quarter and six months ended August 1, 2021. For the quarter, the company reported net sales of $2,155,036,000 against $1,699,859,000 a year ago. Total operating expenses was $609,640,000 against $465,627,000 a year ago. Net loss was $16,868,000 against $32,817,000 a year ago. Net loss per share attributable to common Call A and Class B stockholders, basic was $0.04 against $0.08 a year ago.
For the six months, the company reported net sales of $4,290,214,000 against $3,321,252,000 a year ago. Total operating expenses was $1,160,295,000 against $891,822,000 a year ago. Net income was $22,033,000 against loss of $80,687,000 a year ago. Net earnings per share attributable to common Call A and Class B stockholders, basic was $0.05 against loss of $0.20 a year ago.
Chewy, Inc. is a pure-play e-commerce company geared towards pet products and services for dogs, cats, fish, birds, small pets, horses, and reptiles. The Company's brands include A Pet Hub, Bark and Slumber, B&G Martin, Babyliss Pro Pet, C&F, Nutro, ORIJEN, NexGard, Frisco and others. It offers quality pet food, treats and supplies, and pet healthcare products. The Company's product offerings include Food products such as dry food, wet food, veterinary diets and food toppings; Treat products, such as treat products, such as soft and chewy treats, biscuits, cookies and crunchy treats, dental treats, jerky treats, bones, bully sticks and natural chews; Vitamin and supplements, such as Hip & Joint, Digestive Health & Probiotics, Multivitamins, Heart & Liver and others, and Healthcare products such as Dental Care, First Aid & Recovery, Ear Care, Eye Care, Milk Replacers, DNA Tests and others. It serves its customers through its retail Website, www.chewy.com, and its mobile applications.