Chewy (CHWY) shares advanced after the online pet supplies provider posted better-than-anticipated results as its customer base expanded.

The retailer reported fourth-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) o💦f $0.28, with revenue increasing 15% year-over-year to $3.25 billion. Both exceeded Visible Alpha forecasts. 

CEO Sumit Singh said sales growth and profitability came in above the high end of the company's expectations in both the quarter and full year. Singh explained that the performance "was underpinned by strong active customer growth, and compelling Autoship customer loyalty."

Chewy's active customers rose 2% to 20.5 million, and net sales per active customer was 4% higher to $578. Sales to those who had products shipped automatically jumped 21% to $2.62 billion, and made up more than 80% of total sales. That compared to 76% the previous year.

Shares of Chewy, which rose 2% soon after the opening bell Wednesday, have skyrocketed more than 120% in the last 12 months.