Chewy 3Q Sales Top Estimates, Increases 2024 Outlook
The online pet retailer swung to net income of $3.9 million, or 1 cent a share, for the third quarter ended Oct. 27, from a loss of $35.4 million, or 8 cents a share, a year earlier. Stripping out one-time items, earnings came in at 20 cents a share. Analysts polled by FactSet expected 23 cents a share.