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Chewy stock appears ready for a pandemic-like rally as sales per customer continue to grow. Has the company finally unlocked its operating leverage?
Chewy (CHWY) shares surged Wednesday as the online pet supplies retailer posted a much better-than-expected profit as it set a record for customer spending.
Chewy (CHWY) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.15 per share a year ago.
"Steady, disciplined growth" is what @LikeFolio's Landon Swan believes Chewy (CHWY) needs to return to highs it saw during the pandemic. Plus, this dog may not need to learn new tricks.
On Friday, analysts at Piper Sandler's upgraded Chewy (NYSE: CHWY) to an Overweight rating with a raised price target of $35, up from $22, in a strong vote of confidence in the online pet retailer's prospects. This 31% potential upside reflects the firm's belief that Chewy is at a critical inflection point in its profitability.
Recently, Zacks.com users have been paying close attention to Chewy (CHWY). This makes it worthwhile to examine what the stock has in store.
One of our top stock picks for 2024 , Chewy Inc (NYSE:CHWY) is set to report earnings before the open on Wednesday, Aug. 28.
Chewy (CHWY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Investors with an interest in Internet - Commerce stocks have likely encountered both Chewy (CHWY) and MercadoLibre (MELI). But which of these two companies is the best option for those looking for undervalued stocks?
Chewy (CHWY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.