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Chewy, Inc. (CHWY)

Consumer Cyclical Out of favour

Chewy is a US-based online retailer that delivers pet food, supplies, and pharmacy products directly to pet owners' doorsteps.

$20.44

Is Chewy, Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Strong customer loyalty through subscription models. Worth weighing: Very thin profit margins leave little room for error.

No rating · no target price · nothing for sale here
Price-13.9%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range-33% past year
$20.44
Low $17.40High $43.50
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
14.8now
14.830.3

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
2.8%now
1.2%2.8%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does Chewy, Inc. do?

Chewy acts like a digital supermarket specifically for pets, focusing on convenience through subscription-based deliveries. Sales of a wide range of pet goods, from kibble to medication, pay the bills, helped along by loyal customers who set up recurring orders. Pay attention to how they balance keeping prices competitive against the costs of shipping heavy bags of pet food across the country.

On our factor screen it looks strongest on growth and value, and weakest on income.

Quick checks
What's strong
What to watch
  • Momentum screens low
  • Income screens low

Does Chewy, Inc. pay a dividend?

No - Chewy, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

Does Chewy, Inc. have more cash or more debt?

It holds about $520.10M in cash against about $523.40M of debt - so it has net debt of about $3.30M. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.

From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.

What do Chewy, Inc.'s numbers mean?

P/E
37.45
This shows how much you are paying for every pound of the company's current annual profit.
Higher than most of the 103 Consumer Cyclical shares we cover
Forward P/E
12.23
This looks at the price relative to expected future profits, suggesting analysts anticipate a significant jump in earnings.
Around the middle of the 122 Consumer Cyclical shares we cover
P/S
0.72
This compares the company's total market value to its annual sales, showing how much investors are paying for each pound of revenue.
Lower than most of the 117 Consumer Cyclical shares we cover
Net margin
2.0%
This reveals that for every pound of sales, the company keeps only two pence as actual profit after all expenses are paid.
Lower than most of the 122 Consumer Cyclical shares we cover
Beta
1.4
This indicates the share price tends to be more volatile and swing more dramatically than the wider stock market.

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into Chewy, Inc.
$861-14%

Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Chewy, Inc. actually fallen?

−64%

Over the last 2 years of daily prices, Chewy, Inc. fell as much as −64% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-37%
2023-36%
2024+42%
2025-1%
2026 so far-32%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$9.20B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
9.40M
Day range: The lowest and highest price the shares traded at during the latest day.
$19.75 – $20.75
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$17.40 – $43.50
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
37.4
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.42

Does the share price tell you if it's cheap or expensive?

One share costs$20.44
Number of shares450 million
So the whole company is worth$9.2bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.42
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +3% past week · ▼ -33% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does Chewy, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$839.30M$1.68B$2.52B$3.36BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
29.9%
Net margin
2.0%
Return on equity
63.8%

Where does each £100 of Chewy, Inc.'s sales go?

Making the product or service £70Running costs, tax and interest £28Left as profit £2

A rough split of the latest full-year figures: of every £100 of sales, about £70 covers making the product or service, £28 goes on running costs, tax and interest, and about £2 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.

When does Chewy, Inc. report earnings, and how did recent quarters go?

Chewy, Inc. is next scheduled to report on about 2026-12-09 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

Chewy, Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-09-09$0.36$0.36In line
2026-06-10$0.43$0.43In line
2026-03-25$0.28$0.27Missed -3%
2025-12-10$0.30$0.32Beat +5%
2025-09-10$0.33$0.33In line
2025-06-11$0.34$0.35Beat +3%

Across the last 6 quarters here, Chewy, Inc. came in ahead of what analysts expected 2 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for Chewy, Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+10% to +15%Stronger than expected holiday pet spending
Base
-5% to +5%Steady growth in subscription numbers
Bear
-10% to -20%Rising shipping and logistics costs

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Dominance in the online pet pharmacy market

The bear case

Long-term decline in pet ownership rates

What are the pros and cons of Chewy, Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Strong customer loyalty through subscription models
  • High return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. suggests efficient use of capital
  • Significant growth in earnings compared to the previous year
The catch3
  • Very thin profit margins leave little room for error
  • No dividend payments for shareholders
  • High share price volatility compared to the broader market
Key risks3
  • Intense competition from major general retailers
  • Rising costs of fuel and transport impacting delivery expenses
  • Sensitivity to changes in household disposable income
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A sustained drop in the number of active pet-owning households
  • A major shift in consumer preference away from online delivery services

Common questions about Chewy, Inc.

Does Chewy, Inc. pay a dividend?

No - Chewy, Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.

When does Chewy, Inc. report earnings next?

Chewy, Inc. is next scheduled to report results on about 2026-12-09. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.