Chewy: Consumers Starting to Adopt Pets Again After Inflation Pullback
With pets proving to be a financial strain for many consumers, Chewy has been seeing them hold off on adopting new pets until inflation eases up. Now, some people are finally ready to take on the responsibility.
Chewy stock ‘is done going down' – Jim Cramer says
Jim Cramer only had good things to say about Chewy Inc (NYSE: CHWY) at the “morning meeting” on Wednesday. Cramer shares his view on Chewy stock The pet food and products retailer came in ahead of Street estimates for its first quarter today on “healthy growth rates” in pet adoption.
Why Chewy Shares Rocketed Higher Today
Chewy handily beat forecasts on revenue and earnings per share in the first quarter, causing a short squeeze today. Management pointed to expanding margins and increased revenue per customer, and it authorized a new share repurchase plan.
Chewy (CHWY) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Chewy (CHWY) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Chewy Stock Soars on Earnings Beat as Auto Delivery Sales Jump
Chewy (CHWY) shares skyrocketed over 26% in early trading Wednesday after the e-commerce pet food and supplies retailer reported results that topped forecasts and announced a new stock buyback plan as its automatic delivery sales jumped.
Chewy Stock Catapults Above Key Level On Earnings, Buybacks, Optimism
The pet supplies site tripled earnings and announced $500 million in share buybacks.
Chewy, Inc. (CHWY) Q1 2024 Earnings Call Transcript
Chewy, Inc. (NYSE:CHWY ) Q1 2024 Earnings Conference Call May 29, 2024 8:00 AM ET Company Participants Jennifer Hsu - Vice President of Investor Relations Sumit Singh - Chief Executive Officer David Reeder - Chief Financial Officer Conference Call Participants Trevor Young - Barclays Rupesh Parikh - Oppenheimer Doug Anmuth - JPMorgan Eric Sheridan - Goldman Sachs Nathan Feather - Morgan Stanley Steven Forbes - Guggenheim Partners Sachin Verma - UBS Matt McCartney - Wedbush Lee Horowitz - Deutsche Bank Operator Ladies and gentlemen, thank you for standing by. Welcome to the Chewy First Quarter 2024 Earnings Call.
Chewy (CHWY) Stock Just Got a $500 Million Boost. What to Watch.
Chewy (NYSE: CHWY ) stock is a hot topic among traders on Wednesday after the online pet store announced a $500 million share buyback plan. Chewy notes that this share buyback plan covers its Class A and Class B common stock.
Chewy (CHWY) Q1 Earnings and Revenues Top Estimates
Chewy (CHWY) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.20 per share a year ago.
Chewy's stock soars as profit beats again, $500 million buyback plan announced
Shares of Chewy Inc. soared toward their best day in a year on Wednesday, after the online pet products seller reported another quarterly earnings beat, amid strength in margins and sales per active customer.
Chewy Stock Gets Much-Needed Post-Earnings Pop
The shares of Chewy Inc (NYSE:CHWY) are 14.3% higher premarket, after the online pet supply retailer unveiled a better-than-expected quarterly report.
Chewy Stock Gains After Earnings. Autoship Sales Are Strong.
Pet retailer say its Autoship customer sales increased by 6.4% from last year to $2.23 billion.
