Key PointsOptions can be used to calculate the implied price move for a stock heading into a catalyst event like earnings reports, FDA decisions, economic reports and court verdicts.Being aware of where the options market expects the price to go can prepare you for the risks and potential opportunities after the catalyst occurs.At-the-money spread pricing helps gauge how much of a price swing the underlying stock will make.5 stocks we like better than ChewyStock options can be used for many purposes, from c ...

Key TakeawaysChewy shares moved lower in premarket trading Thursday after the e-tailer's pet ownership outlook overshadowed its better-than-expected quarterly results.The company cautioned that it sees the pet industry growing at a slower-than-average pace this year due to pet household formation trends, before normalizing in 2025.Chewy said it expects to deliver continued adjusted EBITDA margin expansion and gain market share this year, regardless of the industry or macroeconomic conditions.A reversal in C ...

Chewy, Inc. (NYSE:CHWY) Q4 2023 Earnings Conference Call March 20, 2024 5:00 PM ET Operator Sumit Singh On top of that, following our expansion into Canada in Q3 of 2023, we now also participate in the roughly $10 billion Canadian pet market. The pet category is a recession resilient above GDP growth industry that is increasingly moving online. Chewy has been and remains a key driver and beneficiary of this trend. Jennifer Hsu Additionally, our Autoship subscription program, which delivered $8.5 billion of ...

As online retail subscriptions gain share from physical stores, Chewy is leveraging its Autoship auto-fill program to win customers from its more traditional competitors.The company shared in a letter to shareholders accompanying its fourth quarter and full year fiscal 2023 financial results Wednesday (March 20) that its Autoship subscription program yielded highly positive results, generating about $8.5 billion in customer sales throughout 2023.“I’m incredibly excited about the company’s opportunities, we ...

Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered SECURITIES AND EXCHANGE COMMISSION FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 001-38936 Indicate by ch ...

PLANTATION, Fla., March 20, 2024 (BUSINESS WIRE) — Chewy, Inc. (NYSE: CHWY) ("Chewy"), a trusted destination for pet parents and partners everywhere, has released its financial results for the fiscal fourth quarter and full year 2023 ended January 28, 2024, and posted a letter to its shareholders on its investor relations website at https://investor.chewy.com. • Net sales of $2.83 billion improved 4.2 percent year over year • Gross margin of 28.2 percent expanded 10 basis points year over year • Net income ...

Despite continued growth in the business, Chewy (CHWY 0.87%) stock has not rebounded with the broad market over the last year. Shares are still down 85% from their previous peak, but analysts at Needham see a buying opportunity.The firm recently maintained its buy rating for the stock with a price target of $25, which also happens to be close to the average price target for all analysts covering the stock.Why buy Chewy stock?There are a few factors weighing on the stock price. The company is struggling to g ...

In retrospect, there's no denying that Chewy (CHWY 0.87%) shares rallied too fast -- and too far -- in 2020. Oh, the move is certainly understandable. It was the middle of the pandemic, after all. People were stuck at home, cut off from other people and perhaps feeling a little lonely. Pets helped fill the void, and online retailer Chewy helped feed these pets.But as the swell of interest in pets cooled, so did interest in the stock. That's why Chewy shares are now down 85% from their early 2021 peak. The s ...

The stock market has climbed over the past year -- and confirmed its presence in bull territory recently when the S&P 500 reached a new high. Growth stocks have led these gains, as environments of expansion and optimism generally support these sorts of players. Still, some promising growth stocks have missed out on the momentum so far.One glaring example is Chewy (CHWY 3.11%), an e-commerce site for everything your pet needs -- from food and toys to health insurance. Chewy reached the key milestone of profi ...

It has been a volatile period for Chewy (CHWY 1.14%) stock, but most of the past five years have been negative for its shareholders. The pet supply giant was briefly a Wall Street favorite when the use of e-commerce soared during the early phases of the pandemic. Shares quickly reversed course once the growth hangover struck, though.Chewy stock is now down by more than 80% over the past five years after having jumped by 70% through early 2021.Yet, investing is all about the future, and the future seems brig ...