Chewy Just Popped. Is the Pet Stock a Buy Now?
Shares of Chewy (CHWY +13.03%), the leading pet products retailer, were soaring on Wednesday after the company delivered a better-than-expected outlook for 2026, although the growth in the fourth quarter was modest. Adjusted for the extra week in the quarter a year ago, revenue rose 8.1% to $3.26 billion, which matched estimates. Margins improved with gross margin up 90 basis points to 29.4%, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose from $124.5 million to $1 ...