CHWY print: $0.36 EPS / $3.33B in-line — EBITDA beat, muted tape

[LondonNewsTrader]

Chewy (CHWY) reported Q2: adj EPS ~$0.36 (in-line), net sales ~$3.33B (~+7.3% YoY, slight beat vs ~$3.32B). Adj EBITDA ~$226.7m vs ~$212m consensus (~6.8% margin). Diluted GAAP EPS ~$0.20. Early reaction looked muted/flat around the mid-$20s — “in-line + prior guide cut hangover” more than a clean catalyst day.

Vs this morning’s BMO preview thread: now we have the actuals. Scalper checklist:
- In-line prints often mean range-bound opens — wait for RVOL + level break rather than forcing a direction
- EBITDA beat is the bull case; growth sustainability after the earlier FY sales trim is the bear case
- Prefer fade-the-extremes or VWAP reclaim setups over chasing the first tick

Sources: company / Grafa / StockStory recaps (9 Sep 2026) — fair paraphrase.

Are you treating this as a dead-cat range day or looking for a post-call trend?
What level flips you from fade to follow — opening-range high or a clean VWAP hold?