Chewy, Inc. (NYSE:CHWY) Q3 2023 Earnings Call Transcript December 6, 2023 5:00 PM ET

Company Participants

Jen Hsu - Head of IR

Sumit Singh - CEO

Stacy Bowman - Interim CFO

Conference Call Participants

Eric Sheridan - Goldman Sachs

Douglas Anmuth - JPMorgan

Nathan Feather - Morgan Stanley

Anna Andreeva - Needham

Rick Patel - Raymond James

Steven Zaccone - Citi

Brian Fitzgerald - Wells Fargo

Steven Forbes - Guggenheim

Lee Horowitz - Deutsche Bank

Rupesh Parikh - Oppenheimer

Operator

Hello, everyone. Thank you for attending today's Chewy Third Quarter 2023 Earnings Call. My name is Sierra, and I will be your moderator today. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end. [Operator Instructions]

I would now like to pass the conference over to our host, Jen Hsu with Chewy. Please proceed.

Jen Hsu

Thank you for joining us on the call today to discuss our third quarter 2023 results. Joining me are Chewy's CEO, Sumit Singh; and interim CFO, Stacy Bowman. Our earnings release and letter to shareholders, which were filed with the SEC earlier today have been posted to the investor relations section of our website, investor.chewy.com.

On our call today, we will be making forward-looking statements, including statements concerning Chewy’s future prospects, financial results, strategies and investments, industry trends, and our ability to successfully respond to business risk. Such statements are considered forward-looking statements under the Private Security Litigation Reform Act of 1995 and are subject to certain risks, uncertainties, and other factors described in the section titled Risk Factors in our annual report on Form 10-K and other subsequent quarterly reports, which could cause actual results to differ materially from this contemplated by our forward-looking statements. Reported results should not be considered an indication of future performance. Also note that the forward-looking statements on this call are based on information available to us as of today's date. We disclaim any obligation to update any forward-looking statements except as required by law.

Also, during this call, we will discuss certain non-GAAP financial measures. Reconciliation of these non-GAAP items to the most directly comparable GAAP financial measures are provided on our investor relations website and in our earnings release and letter to shareholders, which were filed with the SEC today. These non-GAAP measures are not intended as a substitute for GAAP results. Additionally, unless otherwise noted, results discussed today refer to the third quarter of 2023, and all comparisons are accordingly against the third quarter of 2022.