11:05 AM EDT, 08/28/2024 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.)

Chewy (CHWY) shares rose more than 12% in recent trading after the company reported fiscal Q2 adjusted earnings Wednesday of $0.24 per diluted share, up from $0.15 a year earlier.

Analysts polled by Capital IQ expected $0.21.

Revenue for the quarter ended July 28 was $2.86 billion, compared with $2.79 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.86 billion.

Price: 29.10, Change: +3.24, Percent Change: +12.53