Stock Track | Chewy Soars 5.34% in Pre-market on Strong Q1 Earnings Beat

Stock Track

Jun 10

Chewy, Inc. (CHWY) surged 5.34% in pre-market trading following the release of its first-quarter fiscal 2026 financial results, which significantly exceeded analyst expectations.

The pet products retailer reported adjusted earnings per share of $0.43, beating the consensus estimate of $0.26 by a wide margin. Revenue of $3.357 billion also topped expectations, coming in slightly above the estimated $3.352 billion. The company's net income for the quarter reached $94.8 million, with net sales growing 7.7% year over year to $3.36 billion.

CEO Sumit Singh highlighted the company's resilience, noting nearly 200,000 net customer additions and record profitability in the quarter. The strong earnings performance, particularly the substantial EPS beat, appears to be driving positive investor sentiment ahead of the market open.

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(CHWY) surged 5.34% in pre-market trading following the release of its first-quarter fiscal 2026 financial results, which significantly exceeded analyst expectations.</p><p>The pet products retailer reported adjusted earnings per share of $0.43, beating the consensus estimate of $0.26 by a wide margin. Revenue of $3.357 billion also topped expectations, coming in slightly above the estimated $3.352 billion. The company's net income for the quarter reached $94.8 million, with net sales growing 7.7% year over year to $3.36 billion.</p><p>CEO Sumit Singh highlighted the company's resilience, noting nearly 200,000 net customer additions and record profitability in the quarter. 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