USA

Chewy.com reports financial results

19.09.2019

Chewy.com has published financial results for the second quarter of fiscal 2019, which ended on 4 August.
Net sales were 1.15 bn dollars, up 43 per cent by comparison with the previous year. The gross margin of 23.6 per cent increased by 300 basis points in the annual comparison. The net loss was 82.9 mio dollars, including a non-cash share-based payment amount of 43.8 mio dollars. The adjusted loss of 29.2 mio dollars improved by 45 per cent over the previous year.
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