10:11 AM EDT, 03/25/2026 (MT Newswires) -- Chewy (CHWY) issued an upbeat full-year sales outlook on Wednesday, even though the online pet store company reported fiscal fourth-quarter results just below market estimates.

The company anticipates sales between $13.6 billion and $13.75 billion for fiscal 2026, it said in an earnings presentation. In the previous fiscal year, sales improved 6.2% annually to $12.6 billion, while the current consensus on FactSet is for $13.58 billion for the current year.

Chewy's shares jumped 13% in Wednesday trade, trimming its year-to-date loss to 20%.

Adjusted earnings before interest, taxes, depreciation and amortization margin is pegged at 6.6% to 6.8% for the ongoing fiscal year. In fiscal 2025, the metric expanded 90 basis points year over year to 5.7%.

"We exited 2025 from a position of real strength," Chief Executive Sumit Singh said in a statement. "That performance underscores the durability of the Chewy model and gives us confidence in our ability to deliver continued profitable growth, expanding margins, and strong cash generation in 2026 and beyond."

Chewy reported adjusted earnings of $0.27 a share for the quarter ended Feb. 1, ticking down from last year's $0.28, which was the Street's view. Sales edged up 0.5% to $3.26 billion, just shy of the average analyst estimate of $3.27 billion.

Active customers improved 4% to 21.33 million.

For the ongoing three-month period, Chewy expects adjusted EPS of $0.40 to $0.45 on a sales between $3.33 billion and $3.36 billion, the presentation showed. The Street is looking for non-GAAP EPS of $0.41 and sales of $3.36 billion for the quarter.

Earlier in the month, Petco (WOOF) said that its net sales decreased 2.4% annually in the fourth quarter. At the time, it forecast sales to be flat to up 1.5% for fiscal 2026.

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