Chewy (CHWY): FY27 Q2 earnings call, Sep 9, 2026
On its Sep 9, 2026 earnings call (FY27 Q2), Chewy said 14 of the 20 words Kalshi and Polymarket listed; Parrot’s count agreed with all 20 settlements. Quotes below are at most 25 words each.
UpdatedMarkets
20 words · 14 settled yes · our count agreed on 20 of 20- Kalshi: company speakers + operator
Kalshi - Polymarket: anyone
Polymarket
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Market |
|---|---|---|---|---|---|---|
| Customer 20+ times | Yes | 65 | 65 | ✓ | 81%transcripts from the transcript model | – |
| Health 5+ times | Yes | 17 | 17 | ✓ | 76%transcripts from the transcript model | – |
| Modern Animal | Yes | 11 | 12 | ✓ | 71%n=1+tx from settlement history blended with transcripts | – |
| Consumable | Yes | 9 | 9 | ✓ | 85%transcripts from the transcript model | – |
| Vet Care / Veterinary | Yes | 8 | 8 | ✓ | 84%transcripts from the transcript model | – |
| Leverage | Yes | 7 | 7 | ✓ | 94%transcripts from the transcript model | – |
| Tailwind | Yes | 6 | 7 | ✓ | 49%transcripts from the transcript model | – |
| Automation | Yes | 4 | 4 | ✓ | 69%n=3+tx from settlement history blended with transcripts | – |
| Headwind | Yes | 4 | 5 | ✓ | 59%transcripts from the transcript model | – |
| Chewy+ / Chewy Plus | Yes | 2 | 3 | ✓ | 94%transcripts from the transcript model | – |
| Holiday | Yes | 2 | 2 | ✓ | 31%n=3+tx from settlement history blended with transcripts | – |
| Mobile | Yes | 1 | 1 | ✓ | 81%transcripts from the transcript model | – |
| Loyalty | Yes | 1 | 1 | ✓ | 46%transcripts from the transcript model | – |
| Pet Health | Yes | 1 | 1 | ✓ | 28%transcripts from the transcript model | – |
| Household 10+ times | No | 5 | 5 | ✓ | 14%transcripts from the transcript model | – |
| Churn | No | 0 | 0 | ✓ | 69%transcripts from the transcript model | – |
| Membership | No | 0 | 0 | ✓ | 63%transcripts from the transcript model | – |
| SmartEquine | No | 0 | 0 | ✓ | 55%n=3+tx from settlement history blended with transcripts | – |
| Amazon | No | 0 | 0 | ✓ | 41%transcripts from the transcript model | – |
| Humanization | No | 0 | 0 | ✓ | 33%n=3+tx from settlement history blended with transcripts | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 21, 2026 04:22 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
17 matches for “Health”; 5 quoted, at least 25 words apart.
…durable sales, while our expanding ecosystem and the growing contribution from Chewy Health drive structural wallet share gains. Together, these advantages position us to outperform…
…Our retail product mix continues to shift towards high-margin categories such as health, and we continue to lower our variable cost to serve through automation,…
…that has driven our margin expansion up until this point. Turning to Chewy Health. We remain highly encouraged by the progress across our Health ecosystem.
…improve access to care, and connect more customers with the broader Chewy Health ecosystem, providing meaningful runway for future growth. Furthermore, while 2026 is intended…
…Instead, our confidence remains grounded in what we can control: gaining share, growing and retaining customers, scaling Health, and driving structural efficiencies across the business.
Where the listed words were said
…Modern Animal, Q2 organic net sales increased 5.7% year-over-year, driven by active customer growth, NSPAC expansion, and ongoing market share gains. We ended the quarter…
…NSPAC growth continues to benefit from customer cohort maturation, increasing engagement across health and pharmacy, and broader cross-category adoption. These drivers were partially offset by…
…net sales reached $3.33 billion, representing 7.3% year-over-year growth. Excluding SmartPak and Modern Animal, organic net sales increased 5.7% year-over-year, consistent with the midpoint of…
As we discussed last quarter, purchasing behavior within Consumables is influenced by both premiumization and discretionary attachment. In the second quarter, treats sales growth slowed…
…both scaled areas of our business and newer strategic growth platforms. Chewy Vet Care continues to scale in line with the economic framework we outlined…
…the prior year period. We delivered 70 basis points of year-over-year SG&A leverage, reflecting improved fulfillment center utilization, lower variable cost to serve, disciplined headcount…
The secular trend tailwind, plus the value prop that we're bringing to the table allows us to continue to aggregate share, albeit in this slightly…
…cost infrastructure embedded within the network while also reducing variable costs through automation, process improvements, and AI-enabled tools. We continue to expect SG&A leverage in…
…we continue to expect fuel to represent a mid-single digit million dollar headwind through the balance of the year. Even with these factors and normal…
…list, on the top of my mind, A, we remain enthusiastic about Chewy+. We expect to introduce a refreshed program design very shortly into the…
…opportunities we are seeing to invest in brand awareness ahead of the holiday season, which we expect to support customer engagement during peak and beyond.…
…Kai, our AI-powered assistant, to a select group of customers in the mobile app. Early results are encouraging, with approximately 30% of chats resolved through…
Agents: this page as TSV at /api/v1/appearances/chewy:2026-09-09:earnings_call · words: /api/v1/brief?appearance=chewy:2026-09-09:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP