Chewy: Buy The Drop
Chewy(CHWY) Seeking Alpha·2024-03-25 08:44
peshkov Chewy (NYSE:CHWY) reported much better than expected results for the fourth quarter which nonetheless caused the company’s shares to fall 10% after earnings. The online pet store retailer is convinced with strong free cash flow growth and consistent gross margins on its e-Commerce platform. The company is also making strategic moves by broadening its product offers and rolling out Chewy Vet Clinics, which is set to create a new revenue stream for the retailer. While shares of Chewy are not espec ...