Chewy Inc (CHWY)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Oct 27, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,457,585 | 3,375,418 | 3,358,537 | 3,368,656 | 3,300,849 | 3,259,542 | 3,213,311 | 3,141,175 | 3,151,919 | 3,138,111 | 3,148,805 | 3,127,060 | 3,100,398 | 3,031,854 | 2,960,576 | 2,883,262 | 2,790,971 | 2,738,614 | 2,623,948 | 2,546,662 |
| Revenue (ttm) | US$ in thousands | 11,861,270 | 11,470,870 | 11,470,950 | 11,469,120 | 11,457,190 | 11,446,430 | 11,307,320 | 11,168,910 | 11,100,020 | 11,030,710 | 11,076,780 | 11,046,850 | 10,974,160 | 10,729,360 | 10,476,800 | 10,200,330 | 9,922,980 | 9,819,190 | 9,675,470 | 9,632,860 |
| Gross profit margin | 29.15% | 29.43% | 29.28% | 29.37% | 28.81% | 28.48% | 28.42% | 28.12% | 28.40% | 28.45% | 28.43% | 28.31% | 28.25% | 28.26% | 28.26% | 28.27% | 28.13% | 27.89% | 27.12% | 26.44% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,457,585K ÷ $11,861,270K
= 29.15%
Chewy Inc's gross profit margin has shown a generally increasing trend over the periods provided in the data. Starting at 26.44% on May 1, 2022, the gross profit margin steadily improved to reach a peak of 29.43% on October 31, 2024. This indicates that the company has been able to effectively manage its cost of goods sold and generate higher gross profits relative to its revenue.
It's worth noting that there were fluctuations in the gross profit margin during the period, with some slight decreases in certain quarters followed by rebounds and increases. For example, there was a dip from 28.27% on January 29, 2023, to 28.12% on January 31, 2024, before climbing back up to 28.42% on April 28, 2024.
Overall, the improving trend in Chewy Inc's gross profit margin suggests that the company has been successful in controlling its production costs and increasing its profitability on each sale.
Peer comparison
Jan 31, 2025