Q2 net income 299.1 mln usd, well above estimates (Il Sole 24 Ore Radiocor) - New York, 28 Aug - Pet food e-commerce retailer Chewy said its net sales in the second quarter were 2.858 billion dollars, up 2.6% from 2.785 billion in the same period a year ago.

The retailer said diluted earnings per share in the period were 0.68 dollars from 0.05 last year. Adjusted basic and diluted earnings per share were 0.24 dollars from 0.15 in the same period last year.

Its net income in the second quarter was 299.1 million dollars, well above estimates.

'Our Q2 performance reflects another quarter of strong execution, delivering net sales at the high end of our guidance range,' said Sumit Singh, Chief Executive Officer of Chewy.

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(RADIOCOR) 28-08-24 18:51:14 (0488) 5 NNNN