#Financial Outlook

Lead report

Chewy 2026 Fiscal Year Outlook: Net Sales Target of $13.4-$13.55 Billion, Leverage Below 2x

Chewy projects 2026 fiscal year net sales of $13.4-$13.55 billion and commits to net leverage below 2x adjusted EBITDA. The pet e-commerce giant navigates competitive pressures and strategic shifts toward profitability.