SRSEC Reporting Desk

Chewy, Inc. (CHWY) – SEC staff letter

2026-01-15 · Re: Form 10-K for Fiscal Year Ended February 2, 2025 Filed March 26, 2025 · Accession 0000000000-26-000588 · 1 staff comment(s) issued

Company response(s): 2026-01-29

ASC 606: Revenue RecognitionSegment Reporting (ASC 280)Financial Statement Requirements (Reg S-X)

2026-01-15 · Form 10-K for Fiscal Year Ended February 2, 2025 Filed March 26, 2025 · Comment 1 · Revenue Recognition, page 60 Agreed to revise
Staff comment: We note you generate revenue from the sale of pet products. We also note your emphasis on pet healthcare, including the provision of pharmacy, veterinary, and telehealth services. As it relates to these expanded service-based offerings, please explain your consideration of Rule 5-03(b) of Regulation S-X requiring separate presentation of revenue and costs of revenue from products, services and other revenues; ASC-606-10-50-5 and 606-10-55-89 through 55-91 requiring disclosure of disaggregated revenue recognized from contracts with customers into categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors; and ASC… letter →
Company response: The Company confirms that management considered Rule 5-03(b) of Regulation S-X and the guidance under ASC-606-10-50-5, ASC 606-10-55-89 through 55-91 and ASC 280-10-50-40 in evaluating the Company’s presentation of revenue and costs of revenue. In evaluating the presentation of revenues and costs of revenues under Rule 5-03(b) of Regulation S-X, management considered whether the Company’s revenues from products, services, and other activities warrant separate presentation on the face of the consolidated statements of operations. Rule 5-03(b) of Regulation S-X provides that “ if income is derived from more than one of the sub-captions described under § 210.5-03.1, each class which is not… response letter →
ASC 606: Revenue RecognitionSegment Reporting (ASC 280)Financial Statement Requirements (Reg S-X)

Full letter on EDGAR → · Filing index · All Chewy, Inc. (CHWY) correspondence

ASC 606: Revenue Recognition – what to check: Confirm each performance obligation, timing (point vs. over time) and significant judgments are disaggregated and explained, not boilerplate ASC 606 language.

Segment Reporting (ASC 280) – what to check: Check ASU 2023-07 significant segment expense disclosure, CODM identification, and that MD&A segment discussion matches the ASC 280 note.

Financial Statement Requirements (Reg S-X) – what to check:

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