PLANTATION, Fla. (AP) — PLANTATION, Fla. (AP) — Chewy Inc. (CHWY) on Wednesday reported a loss of $35.8 million in its fiscal third quarter.
The Plantation, Florida-based company said it had a loss of 8 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 15 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The online pet store posted revenue of $2.74 billion in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $2.75 billion.
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