Chewy, Inc. announced its financial results for the second quarter of fiscal year 2025, ended August 3, 2025, reporting net sales of $3.104 billion. This figure represents an 8.6% increase year-over-year and exceeded the high end of the company's guidance range. Autoship customer net sales grew by 15%, accounting for 83% of total net sales for the quarter.
The company's active customers increased by 4.5% year-over-year to nearly 21 million, with net sales per active customer (NSPAC) also rising 4.5% to $591. Net income for the quarter was $62.0 million, a decrease compared to $299.1 million in the prior year, primarily due to the absence of a $275.7 million tax benefit recognized in the previous year. Adjusted EBITDA reached $190.0 million, resulting in a 6.1% margin.
Chewy raised its full-year fiscal year 2025 net sales outlook to $12.4 billion to $12.55 billion, representing 7% to 8% growth, while maintaining its adjusted EBITDA margin outlook of 5.4% to 5.7%. For the third quarter of fiscal year 2025, the company provided net sales guidance of $3.18 billion to $3.21 billion, projecting 7% to 8% growth, signaling continued confidence in its growth trajectory.
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