Advertisement
Singapore markets closed

  • Straits Times Index

    3,296.89
    +4.20 (+0.13%)
     

  • S&P 500

    5,018.39
    -17.30 (-0.34%)
     

  • Dow

    37,903.29
    +87.37 (+0.23%)
     

  • Nasdaq

    15,605.48
    -52.34 (-0.33%)
     

  • Bitcoin USD

    58,192.20
    +563.77 (+0.98%)
     

  • CMC Crypto 200

    1,250.52
    -20.23 (-1.59%)
     

  • FTSE 100

    8,153.61
    +32.37 (+0.40%)
     

  • Gold

    2,308.30
    -2.70 (-0.12%)
     

  • Crude Oil

    79.34
    +0.34 (+0.43%)
     

  • 10-Yr Bond

    4.5950
    -0.0910 (-1.94%)
     

  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     

  • Hang Seng

    18,207.13
    +444.10 (+2.50%)
     

  • FTSE Bursa Malaysia

    1,580.30
    +4.33 (+0.27%)
     

  • Jakarta Composite Index

    7,117.42
    -116.77 (-1.61%)
     

  • PSE Index

    6,646.55
    -53.94 (-0.81%)
     

Chewy: Fiscal 2Q Earnings Snapshot

Associated Press
Updated

DANIA BEACH, Fla. (AP) _ Chewy Inc. (CHWY) on Tuesday reported a loss of $82.9 million in its fiscal second quarter.

The Dania Beach, Florida-based company said it had a loss of 21 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 10 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The online pet store posted revenue of $1.15 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.14 billion.

ADVERTISEMENT

For the current quarter ending in November, Chewy said it expects revenue in the range of $1.19 billion to $1.21 billion.

The company expects full-year revenue in the range of $4.75 billion to $4.8 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHWY at https://www.zacks.com/ap/CHWY