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Here's What Key Metrics Tell Us About Chewy (CHWY) Q3 Earnings

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Chewy (CHWY - Free Report) reported $3.12 billion in revenue for the quarter ended October 2025, representing a year-over-year increase of 8.3%. EPS of $0.32 for the same period compares to $0.20 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $3.1 billion, representing a surprise of +0.59%. The company delivered an EPS surprise of +6.67%, with the consensus EPS estimate being $0.30.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Chewy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Active customers: 21,155 compared to the 21,045 average estimate based on six analysts.
  • Net sales per active customer: $595.00 versus $597.88 estimated by five analysts on average.
  • Net Sales- Consumables: $2.18 billion compared to the $2.16 billion average estimate based on three analysts. The reported number represents a change of +6.5% year over year.
  • Net Sales- Other: $592.1 million versus $609.23 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +10.1% change.
  • Net Sales- Hardgoods: $348.6 million versus the three-analyst average estimate of $335.8 million. The reported number represents a year-over-year change of +17.6%.

View all Key Company Metrics for Chewy here>>>

Shares of Chewy have returned +4.7% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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