Chewy (CHWY) Up 42% in 3 Months: Is It Too Late to Invest In?

Chewy maintains its fiscal 2024 net sales outlook in the band of $11.6 billion-$11.8 billion, projecting 4% to 6% year-over-year growth. Additionally, the company has raised its adjusted EBITDA margin guidance to a range of 4.1%-4.3%, demonstrating robust profitability expectations. Reflecting the positive sentiment around Chewy, the Zacks Consensus Estimate for earnings per share has seen upward revisions. Over the past 60 days, analysts have increased their estimates for both the current and next fiscal y ...