Chewy Reported Nearly $3 Billion in Revenue Last Quarter. But This 1 Thing Is Limiting Profit.
Chewy's a popular destination for pet parents, and they're spending more and more on the e-commerce site. It has a loyal fan base that contributes a great deal of the company's revenue.
Think You Know Everything About Chewy Stock? The Company Is About to Do Something It's Never Done Before.
Since going public, Chewy has transformed into a profitable company, and now it's giving back to shareholders. The company will need to get better with its investments to grow the business, because right now its growth is lacking.
Is Now the Time to Fetch Some Chewy Stock?
Chewy grew revenue despite a slight drop in active customers. The company plans to repurchase up to $500 million worth of shares.
Chewy Stock Surges as Sales Impress. Is It Too Late to Buy the Stock?
Chewy reported solid sales and improved margins, leading to strong profitability. The company is seeing strong operating leverage in its business.
Should You Buy Chewy Stock Now or Was the Opportunity Missed?
Chewy's stock is soaring after a better-than-expected quarter raised expectations for the rest of 2024.
Chewy Stock Comes to Life After Earnings
Revenue is flat, but margins are up for the online pet retailer. Investors think the margin improvement can continue.
Charles Schwab Increases Its Stake in Chewy Stock. Should You Do the Same?
Charles Schwab Investment Management increased its Chewy position over the past two quarters. The e-commerce player recently announced increasing earnings and a share buyback plan.
Is It Too Late to Buy Chewy Stock?
Chewy's latest earnings report impressed the market. Its profits are soaring, and it launched a new buyback plan.
Chewy price target raised after Q1 earnings exceed expectations
Analysts at UBS have raised their price target on Chewy after the pet food and pet-related supplies retailer's first quarter results showed improvement as inflation moderates. The analysts upped their price target on the stock from $19 to $21 and awarded it a ‘Neutral' rating.
Chewy (CHWY) Just Overtook the 200-Day Moving Average
Chewy (CHWY) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CHWY broke through the 200-day moving average, which suggests a long-term bullish trend.
Chewy, Inc. Results Provide Ample Reason to Buy the Stock
Chewy, Inc. NYSE: CHWY defied expectations and produced a solid Q1 that suggests momentum, continued strength, and rapidly improving shareholder value in the year's second half. Although growth has slowed, performance is better than expected, compounded by significant margin improvement.
Chewy shares surge on first quarter earnings beat, raised margin guidance
Chewy shares surged almost 27% after the retailer of pet food and other pet-related products reported better-than-expected first quarter earnings and raised its margin guidance for the full year. For 2024, the company continues to expect sales in the range of $11.6 billion to $11.8 billion but lifted its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) margin expectation to 4.1% to 4.3%, above the 3.3% previously forecast.
