Chewy (CHWY) will report results from its first quarter after markets close today.

The company's management will host a call to address those results at 5:00 p.m. ET.

Currently, S&P Capital IQ Consensus expects the e-commerce pet products provider to report Q1 EPS of $(0.17) and revenues of $1.53 bln, which would represent an increase of approx. +38% yr/yr.

The company's Q1 results pertain to the three months ended May 3, meaning that much of the quarter was impacted by the COVID-19 pandemic and its associated disruptions to consumer lifestyle and spending habits.

Today's report will mark Chewy's fifth quarterly financial release since going public last June.

Looking forward, for Q2, S&P Capital IQ Consensus expects Chewy to report a loss per share of $(0.15) and revenues of $1.55 bln.

TECHS:

CHWY has a valuation of circa $4.37 bln; it has yet to achieve profitability.

Currently, the stock, which has outperformed the broader market during the pandemic as a staples provider and as an expected beneficiary of increased e-commerce penetration, today reached new record highs, up approx. +79% year-to-date.

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