Chewy Inc Stock Research

Market Summary

USD33.59-1.34

Delayed

-3.84%

CHWY Alerts

3 major insider sales recently.

CHWY Stock Price

CHWY RSI Chart

CHWY Valuation

Market Cap

14.2B

Price/Earnings (Trailing)

-693.58

Price/Sales (Trailing)

1.45

EV/EBITDA

242.22

Price/Free Cashflow

77.6

CHWY Price/Sales (Trailing)

CHWY Profitability

EBT Margin

-0.21%

Return on Equity

-12.49%

Return on Assets

-0.82%

Free Cashflow Yield

1.29%

CHWY Fundamentals

CHWY Revenue

Revenue (TTM)

9.8B

Revenue Y/Y

14.46%

Revenue Q/Q

4.16%

CHWY Earnings

Earnings (TTM)

-20.5M

Earnings Y/Y

107.17%

Earnings Q/Q

-89.66%

Price Action

52 Week Range

22.2252.88

(Low)(High)

Last 7 days

-13.3%

Last 30 days

-16.7%

Last 90 days

-14.6%

Trailing 12 Months

-26.8%

CHWY Financial Health

Current Ratio

0.85

CHWY Investor Care

Shares Dilution (1Y)

1.21%

Diluted EPS (TTM)

-0.06

Peers (Alternatives to Chewy)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMZN	1.0T	514.0B	2.44%	-40.04%	-369.23	1.96	9.40%	-108.16%
EBAY	23.0B	9.8B	-10.85%	-25.12%	-18.12	2.35	-6.00%	-109.33%
CHWY	14.2B	9.8B	-16.71%	-26.82%	-693.58	1.45	14.45%	-288.94%
ETSY	13.4B	2.6B	-16.82%	-24.20%	-19.25	5.21	11.73%	-479.56%
MID-CAP
W	3.6B	12.2B	-31.26%	-71.79%	-2.73	0.3	-10.87%	-916.03%
SMALL-CAP
RVLV	1.8B	1.1B	-1.22%	-55.16%	31.43	1.68	23.56%	-41.21%
OSTK	875.6M	1.9B	-5.11%	-60.51%	-24.85	0.45	-30.01%	-109.05%
SFIX	603.4M	1.8B	11.88%	-50.14%	-2.04	0.33	-16.43%	-882.41%
PETS	349.0M	260.5M	-15.68%	-36.98%	30.61	1.34	-6.68%	-47.81%
LE	284.1M	1.6B	4.24%	-53.05%	-133.9	0.18	-2.37%	-104.59%
REAL	114.9M	603.5M	-15.94%	-85.94%	-0.59	0.19	29.04%	16.80%
APRN	26.1M	458.7M	-20.13%	-85.75%	-0.23	0.06	-4.21%	-54.13%
IMBI	13.6M	453.2M	-38.97%	-92.06%	-0.31	0.03	-5.99%	-122.89%

Financials for Chewy

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	3.4%	9,779,858,000	9,459,897,000	9,183,922,000	8,890,773,000	8,545,387,000
Gross Profit	5.3%	2,676,305,000	2,540,969,000	2,451,626,000	2,373,582,000	2,322,255,000
Operating Expenses	4.0%	2,699,453,000	2,595,611,000	2,544,109,000	2,445,760,000	2,309,647,000
S&GA Expenses	3.8%	2,081,330,000	2,004,232,000	1,924,921,000	1,826,858,000	1,692,807,000
EBITDA	321.7%	57,083,000	13,537,000	-40,456,000	-16,757,000	-
EBITDA Margin	307.9%	0.01	0.00	0.00	0.00	-
Earnings Before Taxes	62.8%	-20,481,000	-55,033,000	-94,064,000	-73,817,000	10,840,000
EBT Margin	64.0%	0.00	-0.01	-0.01	-0.01	0.00
Interest Expenses	-	2,051,000	-	-	-	-
Net Income	62.8%	-20,481,000	-55,033,000	-94,064,000	-73,817,000	10,840,000
Net Income Margin	64.0%	0.00	-0.01	-0.01	-0.01	0.00
Free Cahsflow	30.9%	183,053,000	139,893,000	175,806,000	191,739,000	335,173,000

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	5.2%	2,491	2,369	2,190	2,086	2,195
Current Assets	1.0%	1,521	1,505	1,389	1,324	1,524
Cash Equivalents	-37.7%	378	607	605	603	727
Inventory	-4.1%	679	708	598	560	607
Liabilities	3.4%	2,327	2,251	2,131	2,072	2,129
Current Liabilities	0.2%	1,782	1,778	1,698	1,645	1,719
Shareholder's Equity	39.7%	164	117	59.00	15.00	66.00
Retained Earnings	0.1%	-1,967	-1,969	-1,992	-2,010	-1,947
Additional Paid-In Capital	2.1%	2,127	2,083	2,047	2,021	2,009
Shares Outstanding	0.3%	423	422	420	418	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	30.9%	183	140	176	192	335
Share Based Compensation	27.5%	124	97.00	80.00	78.00	85.00
Cashflow From Investing	-106.7%	-527	-255	-231	-193	-155
Cashflow From Financing	-48.0%	-4.32	-2.92	23.00	41.00	41.00

Risks for CHWY

What is the probability of a big loss on CHWY?

79.9%

Probability that Chewy stock will be more than 20% underwater in next one year

76.4%

Probability that Chewy stock will be more than 30% underwater in next one year.

49.8%

Probability that Chewy stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CHWY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Chewy was unfortunately bought at previous high price.

Drawdowns

Returns for CHWY

Cumulative Returns on CHWY

-0.1%

3-Year Cumulative Returns

Which funds bought or sold CHWY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-15	B. Riley Wealth Advisors, Inc.	added	13.35	212,175	790,175	0.02%
2023-03-10	BAILLIE GIFFORD & CO	added	2.76	122,718,000	633,363,000	0.66%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-14.78	37,480	1,341,480	-%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-82.77	-2,272,000	596,000	-%
2023-03-01	Lakewood Asset Management LLC	new	-	4,000	4,000	-%
2023-02-27	Parallax Volatility Advisers, L.P.	reduced	-25.28	-1,297,410	11,921,600	0.02%
2023-02-22	CVA Family Office, LLC	added	55.00	8,242	17,242	-%
2023-02-22	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	added	5.4	3,696,000	17,277,000	0.18%
2023-02-21	MACQUARIE GROUP LTD	added	4.31	18,948,100	92,096,100	0.11%
2023-02-21	Insight Advisors, LLC/ PA	reduced	-16.46	-6,280	238,720	0.08%

Latest Funds Activity

Are funds buying CHWY calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own CHWY

No. of Funds

CHWY Alerts

3 major insider sales recently.

Chewy News

Schedule 13G FIlings of Chewy

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	brown advisory inc	5.1%	5,722,692	SC 13G/A
Feb 09, 2023	vanguard group inc	6.79%	7,619,549	SC 13G/A
Feb 08, 2023	morgan stanley	17.7%	19,796,350	SC 13G/A
Jan 18, 2023	baillie gifford & co	15.23%	17,080,994	SC 13G/A
Mar 10, 2022	morgan stanley	18.6%	19,837,903	SC 13G/A
Feb 14, 2022	argos holdings gp llc	78.7%	328,772,454	SC 13G/A
Feb 10, 2022	morgan stanley	11.7%	12,520,800	SC 13G/A
Feb 09, 2022	vanguard group inc	6.48%	6,923,591	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G

CHWY Fair Value

Chewy fair value in different scenarios

The table shows the Fair Value estimates for Chewy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	4.22 -87.44%	9.90 -70.53%	23.78 -29.21%	47.58 41.65%	74.16 120.78%
Current Inflation	3.81 -88.66%	8.80 -73.80%	20.74 -38.26%	40.93 21.85%	63.40 88.75%
Very High Inflation	3.29 -90.21%	7.49 -77.70%	17.18 -48.85%	33.26 -0.98%	51.08 52.07%

Historical Chewy Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Chewy

View All Filings

Date Filed	Form Type	Document
Mar 22, 2023	10-K	Annual Report
Mar 22, 2023	8-K	Current Report
Mar 16, 2023	4	Insider Trading
Mar 16, 2023	4	Insider Trading
Mar 06, 2023	4	Insider Trading
Mar 06, 2023	4	Insider Trading
Mar 06, 2023	4	Insider Trading
Feb 09, 2023	SC 13G/A	Major Ownership Report
Feb 09, 2023	SC 13G/A	Major Ownership Report
Feb 09, 2023	SC 13G/A	Major Ownership Report

Latest Insider Trading transactions for CHWY

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-14	Bowman Stacy	acquired	-	-	2,267	principal accounting officer
2023-03-14	Singh Sumit	acquired	-	-	2,121	chief executive officer
2023-03-02	Singh Sumit	sold	-847,176	39.7418	-21,317	chief executive officer
2023-03-02	Mehta Satish	sold	-184,203	39.7418	-4,635	chief technology officer
2023-03-02	Singh Sumit	sold	-9,061	39.7418	-228	chief executive officer
2023-03-02	Marte Mario Jesus	sold	-151,535	39.7418	-3,813	chief financial officer
2023-02-03	Marte Mario Jesus	sold	-1,408,550	50.00	-28,171	chief financial officer
2023-02-03	Helfrick Susan	sold	-2,926,040	52.00	-56,270	general counsel
2023-02-02	Singh Sumit	sold (taxes)	-48,316	49.0024	-986	chief executive officer
2023-02-02	Bowman Stacy	sold (taxes)	-45,621	49.0024	-931	principal accounting officer

About Chewy

Sumit Singh

www.chewy.com

21300

Chewy, Inc., together with its subsidiaries, engages in the pure play e-commerce business in the United States. The company provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its www.chewy.com retail Website, as well as its mobile applications. It offers approximately 100,000 products from 3,000 partner brands. The company was founded in 2010 and is headquartered in Dania Beach, Florida.

CHWY Income Statement

2023-01-29

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Income Statement [Abstract]
Net sales	$ 10,098,939	$ 8,890,773	$ 7,146,264
Cost of goods sold	7,268,034	6,517,191	5,325,457
Gross profit	2,830,905	2,373,582	1,820,807
Operating expenses:
Selling, general and administrative	2,125,766	1,826,858	1,397,969
Advertising and marketing	649,386	618,902	513,302
Total operating expenses	2,775,152	2,445,760	1,911,271
Income (loss) from operations	55,753	(72,178)	(90,464)
Interest income (expense), net	9,291	(1,639)	(2,022)
Other expense, net	(13,166)	0	0
Income (loss) before income tax provision	51,878	(73,817)	(92,486)
Income tax provision	2,646	0	0
Net income (loss)	$ 49,232	$ (73,817)	$ (92,486)
Earnings (loss) per share attributable to common Class A and Class B stockholders:
Basic (in dollars per share)	$ 0.12	$ (0.18)	$ (0.23)
Diluted (in dollars per share)	$ 0.12	$ (0.18)	$ (0.23)
Weighted-average common shares used in computing earnings (loss) per share:
Basic (in shares)	422,331	417,218	407,240
Diluted (in shares)	427,770	417,218	407,240

CHWY Balance Sheet

2023-01-29

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jan. 29, 2023	Jan. 30, 2022
Current assets:
Cash and cash equivalents	$ 330,441	$ 603,079
Marketable securities	346,944	0
Accounts receivable	126,349	123,510
Inventories	675,520	560,430
Prepaid expenses and other current assets	41,067	36,513
Total current assets	1,520,321	1,323,532
Property and equipment, net	478,738	367,166
Operating lease right-of-use assets	423,423	372,693
Goodwill	39,442	0
Other non-current assets	53,152	22,890
Total assets	2,515,076	2,086,281
Current liabilities:
Trade accounts payable	1,030,882	883,316
Accrued expenses and other current liabilities	738,467	761,563
Total current liabilities	1,769,349	1,644,879
Operating lease liabilities	471,765	410,168
Other long-term liabilities	60,005	16,498
Total liabilities	2,301,119	2,071,545
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred stock, $0.01 par value per share, 5,000,000 shares authorized, no shares issued and outstanding as of January 29, 2023 and January 30, 2022	0	0
Additional paid-in capital	2,171,247	2,021,310
Accumulated deficit	(1,961,543)	(2,010,775)
Total stockholders’ equity	213,957	14,736
Total liabilities and stockholders’ equity	2,515,076	2,086,281
Class A Common Stock
Stockholders’ equity:
Common stock	1,141	1,089
Class B Common Stock
Stockholders’ equity:
Common stock	$ 3,112	$ 3,112