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3 Reasons to Buy Chewy Stock Like There's No Tomorrow
CHWYChewy(CHWY) The Motley Fool·2024-07-22 13:30

Chewy has capitalized on its efficiency advantage in the meantime too, turning $11.1 billion worth of sales into net income of $39.6 million last fiscal year. That's hardly high-margin, but it's respectable for a company that for most intents and purposes is still in its start-up stage. Shares of pet-supply retailer Chewy (CHWY -1.51%) may be up from May's lows. But it's far too soon to say investors are falling back in love with the once-hot stock. Chewy shares are still down nearly 80% from their 2021 pan ...