CHEWY INC (NSE:CHWY) Q2 2019 Earnings Conference Call Transcript
Sep 17, 2019 • 05:00 pm ET
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?