Why Chewy Stock Is Sinking This Week

Key Points Chewy's stock dropped due to conservative guidance. However, the online pet goods retailer is firing on all cylinders, operationally. Chewy's focus on numerous higher-margin business ideas could boost profits. 10 stocks we like better than Chewy › Shares of leading online pet goods retailer Chewy (NYSE: CHWY) are down 15% this week as of 1 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence. Chewy reported second-quarter earnings on Wednesday, delivering a ...