Chewy (CHWY -4.44%) has fallen 84% from its pandemic peak, but the business is doing better than ever. Operations are now profitable and customers are spending more on Chewy than ever.In this video, Travis Hoium covers some of Chewy's challenges and why this could be a great recovery stock long term.*Stock prices used were end-of-day prices of Jan. 12, 2024. The video was published on Jan. 13, 2024. ...

Chewy Inc (NYSE: CHWY) has been a disappointment for its shareholders in recent weeks but a Barclays analyst says it will come back strongly over the next twelve months.Chewy stock has upside to $30Copy link to sectionTrevor Young upgraded the pet food retailer to “overweight” on Thursday and said its shares could climb to $30 – up a whopping 50% from here. The analyst sees Chewy stock as one with the highest potential for outsized returns within an otherwise challenged eCommerce space in 2024.  We anticipa ...

Barclays upgraded Chewy Inc (NYSE:CHWY) to "overweight" from "equal-weight," and raised its price objective to $30 from $19. The analyst in coverage said the pet e-tailer is insulated against competition from Chinese e-commerce name Temu, and now offers an attractive entry point, with revenue expected to grow in the second half of the year.The brokerage bunch was optimistic toward CHWY coming into today, with 14 of the 23 firms in question calling it a "buy" or better. Plus, the 12-month consensus target p ...

Chewy (NYSE:CHWY) stock is falling on Wednesday after Morgan Stanely (NYSE:MS) initiated a block sale of the company’s shares.This has the block sale including 12.3 million shares of CHWY stock that are being resold by Morgan Stanley for between $20.45 per share and $20.85 per share. That’s worth highlighting as the price of shares in the block sale is a discount from its prior closing price.A block sale occurs when a large chunk of a company’s shares are sold all at once. Stock exchanges typically consider ...

Key PointsPet stocks were beaten down after the pandemic bubble burst, but industry trends are aligned with growth. Chewy.com is the perfect choice in an industry where 85% of consumers use digital channels. Freshpet's lead into operational quality has it set up for sustained growth. 5 stocks we like better than ChewyPetstocks like Chewy, Inc NASDAQ: CHWY and Freshpet NASDAQ: FRPT are down significantly from their highs, but the bad times are over. Industry trends and consumer habits are coming back into al ...

Chewy, Inc. (NYSE:CHWY) Q3 2023 Earnings Call Transcript December 6, 2023 5:00 PM ET Company Participants Jen Hsu - Head of IR Sumit Singh - CEO Stacy Bowman - Interim CFO Conference Call Participants Eric Sheridan - Goldman Sachs Douglas Anmuth - JPMorgan Nathan Feather - Morgan Stanley Anna Andreeva - Needham Rick Patel - Raymond James Steven Zaccone - Citi Brian Fitzgerald - Wells Fargo Steven Forbes - Guggenheim Lee Horowitz - Deutsche Bank Rupesh Parikh - Oppenheimer Operator Hello, everyone. Thank you ...

Financial Performance - Net sales for the 13 weeks ended October 29, 2023, were $2,738,611, an increase of 8.2% compared to $2,532,122 for the same period last year[21] - Adjusted EBITDA for the 39 weeks ended October 29, 2023, was $279,167, reflecting a 30.5% increase from $213,970 in the prior year[21] - Free cash flow for the 39 weeks ended October 29, 2023, was $276,458, a significant increase of 258.2% compared to $77,179 in the prior year[21] - The company reported a net loss of $35,810 for the 13 weeks ended October 29, 2023, compared to a net income of $2,311 in the same period last year[21] - Adjusted net income for the 39 weeks ended October 29, 2023, was $213,576, up 36.8% from $156,151 in the previous year[21] - Basic and diluted loss per share for the 13 weeks ended October 29, 2023, was $(0.08), a decrease from earnings of $0.01 in the same period last year[24] Customer Metrics - Active customers decreased by 1.3% to 20,266 from 20,524 year-over-year[21] - Net sales per active customer increased by 13.8% to $543 from $477 in the same period last year[21] - Autoship customer sales increased by 12.8% to $2,093,077 from $1,855,979 year-over-year[21] Future Outlook - The company anticipates sustaining growth rates and expanding into new offerings while managing macroeconomic risks[32]

Chewy, Inc. (NYSE:CHWY) Q2 2023 Earnings Conference Call August 30, 2023 5:00 PM ET Company Participants Jen Hsu - Head of IR Sumit Singh - CEO Stacy Bowman - Interim CFO Conference Call Participants Doug Anmuth - JPMorgan Eric Sheridan - Goldman Sachs Steven Zaccone - Citi Anna Andreeva - Needham Dylan Carden - William Blair Mark Mahaney - Evercore Brian Fitzgerald - Wells Fargo Nathan Feather - Morgan Stanley Trevor Young - Barclays Seth Basham - Wedbush Lee Horowitz - Deutsche Bank Steven Forbes - Guggen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or For the transition period from ____ to ____ CHEWY, INC. (Exact name of registrant as specified in its charter) Delaware 90-1020167 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 7700 West Sunrise Boulevard, Plantation, Florida 33322 (Address of principal executive offices) (Zip Code ...

Chewy, Inc. (NYSE:CHWY) Q1 2023 Earnings Conference Call May 31, 2023 5:00 PM ET Company Participants Jen Hsu - Vice President, Head of Investor Relations Sumit Singh - Chief Executive Officer Mario Marte - Chief Financial Officer Conference Call Participants Mark Mahaney - Evercore Doug Anmuth - JPMorgan Anna Andreeva - Needham Rupesh Parikh - Oppenheimer Rick Patel - Raymond James Corey Grady - Jefferies David Bellinger - ROTH MKM Brian Fitzgerald - Wells Fargo Steven Zaccone - Citi Lee Horowitz - Deutsch ...