Financial PerformanceAdjusted EBITDA exceeded the forecast by ~50%, surpassing a ~5.00% adjusted EBITDA margin for the first time in the company's history.
Share RepurchaseCHWY announced an additional agreement to repurchase 17.55 million shares at $28.49 per share directly from Buddy Chester Sub LLC (the company's largest shareholder).
Strategic InitiativesAnalyst's recommendation includes strategic initiatives such as international expansion, increased participation within the company's sponsored ads program, improved CRM capabilities, and increased utilization across the company's health offering.