3 06, 2024

Is it Time to Buy Chewy After the Company Delivers on Q1 Earnings? 3 Things for Investors to Consider

By |2024-06-03T17:25:59+00:00June 3rd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Online pet product retailer Chewy Inc. (CHWY) skyrocketed 30% last week after reporting an impressive first-quarter performance on both the top and bottom lines. The company’s sales were up 3% to $2.88 billion, driven in part by growth in auto-ship orders of 6%. Meanwhile, improvements in net sales per active customer of 10% suggest [...]

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7 12, 2023

Chewy Misses on Revenue, Surprises on Earnings: 3 Things Investors Need to Know as the Stock Falls

By |2023-12-07T19:46:43+00:00December 7th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Chewy (CHWY) fell more than 11% this morning after the online pet supply store delivered third-quarter earnings with a mixed bag of results. While revenue lagged, an earnings beat was a positive surprise. The company reported revenue of $2.74 billion, a slight improvement year over year compared to the $2.53 billion reported in 2022. [...]

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