Sector • Retail Industry • Internet, Mail Order & Online Shops |
Industry • Internet, Mail Order & Online Shops |
Sector • Retail |
Earnings deteriorated Regardless of Strong revenue by in the fiscal first quarter of 2022
Chewy Inc delivered first quarter of 2022 operating surplus of $18.816 million
Published Jun 02 2022
CSIMarket Team / CSIMarket.com
From the previous reporting season, income per share turned positive from $-0.15 per share and revenue surged by 1.672 % from $2.39 billion.
Net profits of $18.472 million in the fiscal first quarter of 2022 fell by -52.29 % from $38.719 million in the corresponding period a year before. Chewy Inc shifted it's focus on improving sales in the fiscal first quarter of 2022, as a result net margin eased to 0.76%.
Operating earnings, fell -51.9% to $18.816 million, squeezing Chewy Inc 's operating margin to 0.77%, from 1.83% in the first quarter of 2021.
Chewy Inc is expected to report next financial earnings on May 31, 2023.
Other CHWY's news
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Chewy Claus Brings More Holiday Magic to Pets Nationwide: Toys, Treats, and Smiles Galore!
Again Positive Income at the in the third quarter of 2022 earnings season
The company declared splendid revenue improvement, over the financial time-frame closing Jul 31 2022
Earnings deteriorated Regardless of Strong revenue by in the fiscal first quarter of 2022
Other CHWY's news
Chewy Vet Care: Revolutionizing Pet Care, One Paw at a Time
Chewy Claus Brings More Holiday Magic to Pets Nationwide: Toys, Treats, and Smiles Galore!
Again Positive Income at the in the third quarter of 2022 earnings season
The company declared splendid revenue improvement, over the financial time-frame closing Jul 31 2022
Earnings deteriorated Regardless of Strong revenue by in the fiscal first quarter of 2022