Chewy Inc (CHWY)

Gross profit margin

		Jan 31, 2025	Jan 31, 2024	Jan 28, 2024	Jan 31, 2023	Jan 29, 2023
Gross profit	US$ in thousands	3,467,700	3,161,520	3,161,520	2,830,900	2,830,900
Revenue	US$ in thousands	11,861,300	11,147,700	11,144,400	10,098,900	10,096,500
Gross profit margin		29.24%	28.36%	28.37%	28.03%	28.04%

January 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $3,467,700K ÷ $11,861,300K
= 29.24%

Chewy Inc's gross profit margin has shown a steady increase over the years, starting at 28.04% in January 29, 2023, and gradually improving to 29.24% by January 31, 2025. This indicates that the company has been able to effectively manage its cost of goods sold and generate more revenue from its sales. The upward trend in gross profit margin reflects Chewy Inc's ability to maintain a healthy level of profitability in its core operations, which is a positive signal for investors and stakeholders.

Peer comparison

Jan 31, 2025

Company name

Symbol

Gross profit margin

Chewy Inc

CHWY

29.24%

Insight Enterprises Inc