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Chewy reported adjusted earnings of 36 cents per share for Q2, matching consensus. Sales rose 7.3% to $3.33 billion, below $3.361 billion consensus, while Chewy raised fiscal 2026 sales to $13.46 billion-$13.57 billion and lifted adjusted EBITDA margin to 6.7%-6.8% from 6.6%-6.8%.
Chewy shares fell after second-quarter adjusted earnings matched expectations, sales missed estimates, and the company raised its full-year revenue and profitability outlook.