Chewy: Favorable Investment Setup

Chalabala/iStock via Getty Images Chewy (NYSE: CHWY) reported better than expected earnings for the second fiscal quarter at the end of August that went hand in hand with strong EBBTDA margins and a favorable customer monetization trend. Shares of Chevy have also revalued sharply higher in FY 2024 as the company's business fundamentals are improving and a meme investor took a position in the pet supply o-Commerce platform. I believe the value proposition is still attractive here for long term investors, des ...