Online pet-supplies retailer Chewy said Wednesday it expects net sales to come in between $13.4 billion and $13.55 billion this year, down from a prior forecast of $13.6 billion to $13.75 billion. Chief Executive Sumit Singh said that despite operating in a more challenging environment, Chewy continues to gain market share.
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E-commerce pet food and supplies retailer Chewy (NYSE:CHWY) met Wall Street’s revenue expectations in Q1 CY2026, with sales up 7.7% year on year to $3.36 billion. Its non-GAAP profit of $0.43 per share was in line with analysts’ consensus estimates.