Company Performance - Chewy (CHWY) closed at $36.21, with a daily increase of +1.23%, outperforming the S&P 500's gain of 1.14% [1] - Over the past month, Chewy's shares have decreased by 5.4%, underperforming the Retail-Wholesale sector's gain of 1.54% and the S&P 500's gain of 2% [1] Upcoming Earnings - Chewy is expected to report an EPS of $0.33, reflecting a 37.5% increase compared to the same quarter last year [2] - Revenue is anticipated to reach $3.08 billion, representing a 7.83% increase from the year-ago quarter [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $1.28 per share, a +23.08% change from the prior year, with revenue expected to be $12.48 billion, indicating a +5.21% change [3] - Recent revisions to analyst forecasts for Chewy may indicate optimism about the business outlook [3] Valuation Metrics - Chewy's Forward P/E ratio is currently 27.99, which is a premium compared to the industry's Forward P/E of 18.1 [6] - The PEG ratio for Chewy stands at 3.01, while the Internet - Commerce industry average PEG ratio is 1.49 [6] Industry Context - The Internet - Commerce industry is part of the Retail-Wholesale sector, holding a Zacks Industry Rank of 167, placing it in the bottom 33% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
Chewy (CHWY) Beats Stock Market Upswing: What Investors Need to Know