CHEWY INC (NSE:CHWY) Q2 2019 Earnings Conference Call Transcript

Sep 17, 2019 • 05:00 pm ET

Previous

CHEWY INC (NSE:CHWY) Q2 2019 Earnings Conference Call Transcript

Share
Close

Loading Event

Loading Transcript

Presentation
Executive
Mario Marte

lead our cash from operations to fluctuate from cash used to cash production between quarters.

For Q3 2019, we expect net sales between $1.19 billion to $1.21 billion, representing growth of 36% to 38% year-over-year. For fiscal year 2019, we expect the following. Net sales between $4.75 billion and $4.80 billion, representing growth of 35% to 36% year-over-year. Adjusted for the extra week in fiscal 2018, year-over-year growth is expected to be between 38% and 39%.

Adjusted EBITDA margin for the fiscal year is expected to improve 420 and 450 basis points versus fiscal 2018. Included in our EBITDA guidance are costs related to operating as a public company.

We are excited about the financial and operating results for the second quarter. And with that, I will turn over the call to the operator for questions. Operator?