With its stock up 30% since the company reported its fiscal first-quarter results late last week, the idea of stepping into a new stake in Chewy (CHWY 5.53%) right now could be a little intimidating. That's a big gain in a short period of time, inviting profit taking from the stock's now-loftier levels. You may actually be best served by stepping in here despite the stock's recent rally, in fact, given the odds that more upside is in store. Chewy is a retailer of pet food, supplies, toys, and other pet-rela ...

Chewy (CHWY) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this online pet store, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revision ...

Cost of goods sold includes all the expenses involved in producing the items Chewy sells. This means that to maintain and increase profitability, Chewy must focus on increasing the number of items it sells and keeping its costs down. So far, it has managed to do this, and two points give us reason to be confident this will continue. Chewy has one enormous expense. Chewy's (CHWY -0.14%) revenue has soared over the past few years, thanks to the e-commerce company's popularity with pet parents. The company sel ...

The company has options when it comes to using cash. When it comes to analyzing an investment, pet e-commerce company Chewy (CHWY -1.53%) seems pretty straightforward. The company attracts pet owners to the platform by offering more than 100,000 products and fast shipping. And it even has autoship options so that users don't forget to buy pet food or medicine on time. According to the American Pet Products Association, U.S. pet owners are expected to spend $150 billion in 2024. By comparison, Chewy only has ...

Chewy stock has struggled but is starting to show signs of recovery. Chewy (CHWY 0.19%) shares have been in the doldrums over the past couple of years despite encouraging earnings reports from the online seller of pet supplies and services. The stock has lost more than 80% from its high back in 2021. But this has served as a great entry point for investors looking for a quality growth player at a dirt cheap price -- and Charles Schwab Investment Management has been seizing the opportunity. The firm increase ...

The online pet retailer's growth rates are finally stabilizing. Despite that pressure, Chewy's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin turned positive in fiscal 2020 and expanded through fiscal 2023 as it streamlined its spending and focused on growing its net sales per customer. It also turned profitable on a generally accepted accounting principles (GAAP) basis in fiscal 2022, but growth-oriented investors still broadly focused more on its sluggish sales gr ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

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. A useful tool for traders and analysts, the 200-day simple moving average helps determine long-term market trends for stocks, commodities, indexes, and other financial instruments. It moves higher or lower in conjunction with longer-term price performance, and serves as a support or resistance ...

Key Points 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. The margin improvement is the most notable detail, as it led the board to authorize a share repurchase program. Chewy, Inc.'s share repurchase program is worth $500 million without expiration. The sum is worth ab ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...