Chewy Earnings Are Unremarkable. The Stock Is Sharply Higher Anyway. -- Barrons.com

Dow Jones

Jun 10

By Mackenzie Tatananni

First-quarter earnings from Chewy were nothing special, but shares of the pet supplies retailer were rising sharply in premarket trading.

Adjusted earnings came to 43 cents a share, in line with analysts' estimates. Net sales rose 7.7% to $3.36 billion, narrowly beating Wall Street's call for $3.35 billion. The company didn't provide guidance in its earnings release.

Although results largely met expectations, they avoided the worst-case scenarios some investors might have been bracing for. Chewy CEO Sumit Singh sparked concerns just weeks ago when he noted that consumers were "more stretched" than they had been entering the year.

Shares jumped 7.4% in Wednesday's premarket session. Futures tracking the benchmark S&P 500 were down 0.7%.

Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

June 10, 2026 07:26 ET (11:26 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Futures tracking the benchmark S&amp;P 500 were down 0.7%. \n</p>\n<p>\n  Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 10, 2026 07:26 ET (11:26 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chewy Earnings Are Unremarkable. 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The Stock Is Sharply Higher Anyway. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-10 19:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Mackenzie Tatananni \n</p>\n<p>\n  First-quarter earnings from Chewy were nothing special, but shares of the pet supplies retailer were rising sharply in premarket trading. \n</p>\n<p>\n  Adjusted earnings came to 43 cents a share, in line with analysts' estimates. Net sales rose 7.7% to $3.36 billion, narrowly beating Wall Street's call for $3.35 billion. 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Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 10, 2026 07:26 ET (11:26 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1169590202.USD","symbol_name":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2642342339","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642342339","pubTimestamp":1781090760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"First-quarter earnings from Chewy were nothing special, but shares of the pet supplies retailer were rising sharply in premarket trading.Adjusted earnings came to 43 cents a share, in line with analysts' estimates. 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Net sales rose 7.7% to $3.36 billion, narrowly beating Wall Street's call for $3.35 billion. The company didn't provide guidance in its earnings release. \n\n\n  Although results largely met expectations, they avoided the worst-case scenarios some investors might have been bracing for. Chewy CEO Sumit Singh sparked concerns just weeks ago when he noted that consumers were \"more stretched\" than they had been entering the year. \n\n\n  Shares jumped 7.4% in Wednesday's premarket session. Futures tracking the benchmark S&P 500 were down 0.7%. \n\n\n  Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. 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