Chewy on Tuesday reported stronger-than-expected quarterly earnings results, which sent its shares surging in the after-hours session. Here are the key results for Q4 versus expectations, according to Bloomberg data: The online seller of pet food and supplies saw net sales top $2 billion for the first time, climbing nearly 51% from a year ago to $2.04 billion. For the fiscal year, net sales jumped more than 47% to $7.15 billion. It also reported 19.2 million active customers, adding 5.7… Source link
Read More »Chewy shares soar as COVID-19 buying drove subscriptions, sales above $2B in Q4
