Chewy: A Sell Heading Into Q3 Earnings (Rating Downgrade)

Chewy ( CHWY ) was among the pandemic winners. Since early 2021, however, the stock has never recovered and now trades in the low $30s, down almost 75% from its peak close to $120. In a market where fears of a bubble appearI’m a long-term investor focused on U.S. and European equities, with a dual emphasis on undervalued growth stocks and high-quality dividend growers. Through years of experience, I’ve learned that sustained profitability—evident in strong margins, stable and expanding free cash flow, and h ...