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Pet Health Redefined As Chewy Opens Personalized Vet Care Clinics
Forbes· 2024-04-18 19:58
The first Chewy Vet Care practice had its ribbon-cutting ceremony in Plantation, Florida near its ... [+] headquarters.Courtesy of Chewy Chewy Vet Care is poised to elevate the pet health experience for people, pets, and vets with the opening of its newly designed and developed pet clinics. “We want the clinics to manifest the same Chewy magic that has become synonymous with our brand,” said Mita Malhotra, President of Chewy Health. The inspiration for the design of the vet care clinics comes from insights ...
Chewy (CHWY) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-04-16 22:56
Chewy (CHWY) closed the most recent trading day at $16.60, moving +0.18% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.03%. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw an increase of 0.12%.Coming into today, shares of the online pet store had lost 1.6% in the past month. In that same time, the Consumer Staples sector lost 4.27%, while the S&P 500 lost 0.9%.The upcoming earnings release of Chewy will be of great interest to inv ...
Is Chewy (CHWY) Stock a Solid Choice Right Now?
Zacks Investment Research· 2024-04-12 13:50
One stock that might be an intriguing choice for investors right now is Chewy, Inc. (CHWY) . This is because this security in the Consumer Products – Staples space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Con ...
Chewy (CHWY) Surges 6.6%: Is This an Indication of Further Gains?
Zacks Investment Research· 2024-04-12 12:21
Chewy (CHWY) shares rallied 6.6% in the last trading session to close at $18.54. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.3% loss over the past four weeks.Chewy’s shares have been gaining momentum in the market due to its resilience in the pet industry. Chewy's Autoship-subscription program has been a game changer in pet retail industry. By offering customers the convenience of regularly scheduled de ...
Is Most-Watched Stock Chewy (CHWY) Worth Betting on Now?
Zacks Investment Research· 2024-04-09 14:01
Chewy (CHWY) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this online pet store have returned -7.8%, compared to the Zacks S&P 500 composite's +1.7% change. During this period, the Zacks Consumer Products - Staples industry, which Chewy falls in, has gained 0.8%. The key question now is: What could be the stock's future direction?Although media reports ...
2024 Bull Market: 2 Beaten-Down Growth Stocks Down 40% and 60% to Buy on the Dip
The Motley Fool· 2024-04-07 17:33
Overlooking these companies could be a mistake.The stock market has had a strong start to 2024, but different companies have reflected that rebound in varying degrees in terms of share price changes.Now, it's important to remember that share price alone doesn't tell you a lot about a business, other than what investors seem to value it at a given point of time. A stock may be down because the business is doing badly, but there may be more to the story, too. Likewise, a business that has seen share prices ru ...
Is It Time to Bite Into Chewy Stock?
The Motley Fool· 2024-03-31 12:30
Investors may not know what to make of Chewy (CHWY 1.66%) stock. Although its sales have continued to grow, the stock has experienced declines amid a shrinking customer base and expectations of lower growth in its industry.Nonetheless, Chewy has built a loyal customer base that spends increasing amounts on their pets. Also, with plans to expand into other markets and businesses, the stock could begin a long-awaited recovery.Chewy's strugglesAdmittedly, Chewy bears can make valid points for their lack of opt ...
This Is Chewy's Biggest Opportunity, and It Could Translate to a Massive Win for Investors. Time to Buy the Stock?
The Motley Fool· 2024-03-31 11:13
Pet e-commerce firm Chewy (CHWY 1.66%) has had a difficult start to 2024 with the stock losing about a third of its value so far this year. One of the biggest reasons behind this is that the company forecast overall pet industry growth to be modest this year and did not expect any big benefit from price increases.However, the company still has a massive opportunity in front of it that investors may be ignoring. So is now the time to buy the stock?A nice recurring business modelOne of the first things to und ...
Chewy's Biggest Challenge Isn't Raising Prices. 1 Metric Investors Need to Watch.
The Motley Fool· 2024-03-30 11:15
People are paying more for their pet supplies these days. In late March, Chewy (CHWY 1.66%) announced record average annual spending as part of its fiscal fourth-quarter earnings update. Gains here allowed the e-commerce specialist to offset weaknesses in other areas of the business so sales could rise 10% in 2023.Yet the stock's drop in recent months shows how Wall Street is more concerned with Chewy's weakening growth prospects. These are best reflected in changes to its active customer pool, which is a t ...
Chewy: Buy The Drop
Seeking Alpha· 2024-03-25 08:44
peshkov Chewy (NYSE:CHWY) reported much better than expected results for the fourth quarter which nonetheless caused the company’s shares to fall 10% after earnings. The online pet store retailer is convinced with strong free cash flow growth and consistent gross margins on its e-Commerce platform. The company is also making strategic moves by broadening its product offers and rolling out Chewy Vet Clinics, which is set to create a new revenue stream for the retailer. While shares of Chewy are not espec ...