Chewy Inc. has released its latest earnings report, delivering an EPS of $0.14, which fell short of expectations of $0.33. In contrast, the company achieved higher-than-anticipated revenue of $3.1 billion, surpassing the $3.08 billion benchmark.

Despite the positive revenue results, the market reacted negatively to the Earnings Per Share (EPS) miss. Anticipation had built for stronger earnings, leading to a decline in the stock price based on trader expectations.

Chewy’s Q2 fiscal results showed a net sales growth of 8.6% compared to last year. The financial metrics, including a P/E ratio of approximately 44.86, highlight investor sentiment about the company’s worth.

Investors should be mindful of Chewy’s current challenges while considering its financial health and future potential, marked by a debt-to-equity ratio of 1.33 and a current ratio of 0.80, indicating how well the company can manage its obligations while pursuing growth.