In the closing of the recent trading day, Chewy (CHWY) stood at $36.31, denoting a -2.52% move from the preceding trading day.
Chewy grows digital sales and customer base, but Central Garden & Pet's margin gains and capital strength drive stronger investor appeal.
Zacks.com users have recently been watching Chewy (CHWY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Chewy (CHWY) reached $37.89 at the closing of the latest trading day, reflecting a -3.27% change compared to its last close.
CHWY's Hardgoods rose 12.3% in Q1, as new brands, faster launches, and personalization bolster full-year $12.3B-$12.45B outlook.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
BofA analysts said Chewy's pharmacy segment and vet clinics stand to benefit from a rebound in pet adoptions.
CHWY's Autoship hits a record 82.2% of sales, fueling customer loyalty and driving its fiscal 2025 growth outlook.
This commentary first appeared on Forbes Great Speculations , where Schaeffer's Investment Research is a regular contributor.
I reiterate my buy rating on Chewy as fundamentals have improved, supporting confidence in a return to mid-teens revenue growth. Chewy's strong and sustainable active customer growth, driven by effective strategy and improved retention, underpins my bullish outlook. Autoship adoption continues to accelerate, enhancing recurring revenue, customer loyalty, and creating a widening competitive moat for CHWY.
Pet retail stock Chewy (CHWY) hit a June 6, two-year high of $48.62, but since then has taken a more than 20% haircut, thanks in large part to a massive 11% post-earnings drawdown on June 11. After a brief rally from there, the shares have struggled, logging back-to-back weekly losses.
In the closing of the recent trading day, Chewy (CHWY) stood at $40, denoting a -2.49% move from the preceding trading day.