Chewy's Trading Volume Surges 94% to Rank 126th Despite Stock Price Decline

On March 26, 2025, Chewy (CHWY) experienced a trading volume of $603 million, marking a 94.11% increase from the previous day. This surge placed Chewy at the 126th position in terms of trading volume for the day. However, the stock price declined by 1.07%, marking the second consecutive day of decline and a total decrease of 2.26% over the past two days.

Chewy reported strong financial results for the fiscal fourth quarter and full year 2024. The company's net sales for the fourth quarter reached $3.25 billion, reflecting a 14.9% year-over-year increase. Gross margin expanded by 30 basis points to 28.5%, while net income for the quarter was $22.8 million. Adjusted EBITDA for the quarter stood at $124.5 million, showing a 44% year-over-year increase. The company's EBITDA margin improved by 70 basis points to 3.8%.

For the full year 2024, Chewy's net sales grew by 6.4% to $11.86 billion, with a gross margin improvement of 80 basis points to 29.2%. Net income for the year was $392.7 million, and the net margin expanded by 290 basis points to 3.3%. The company's adjusted EBITDA increased by $202.5 million to $570.5 million, with the adjusted EBITDA margin expanding by 150 basis points to 4.8%.

Chewy's CEO, Sumit Singh, highlighted that the company's topline growth and profitability exceeded guidance ranges, driven by strong active customer growth and Autoship customer loyalty. The company's strategic focus on technology, customer service, and operational excellence has positioned it as a leader in the pet care e-commerce landscape. Chewy's commitment to quality and innovation continues to define its role as a pivotal player in the intersection of technology and pet care retail.