Chewy posted what it calls record profitability in its fiscal first quarter, with adjusted Ebitda margin reaching 7.5%, up 130 basis points year over year. Adjusted Ebitda rose 31.3% to $253.1 million, a sharper increase than the 7.7% gain in net sales. Gross margin expanded 50 basis points to 30.1%, contributing to the bottom-line outperformance. The gap between top-line and earnings growth reflects operating leverage, with the company controlling costs while sales continue to climb. Singh attributed the results to "the resilience of our business model and the strength of our execution.

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(END) Dow Jones Newswires

June 10, 2026 08:13 ET (12:13 GMT)

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