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Jim Cramer Says Chewy, Inc. (CHWY)’s Wasn’t As Bad As The Sellers Thought
Yahoo Finance· 2025-09-16 10:28
Group 1 - Chewy, Inc. (NYSE:CHWY) has seen its shares increase by 7.8% year-to-date, despite a recent drop of 16.6% following its latest earnings report [2][3] - The company's latest earnings report revealed revenue of $3.1 billion and net income of $141 million [2] - Jim Cramer praised Chewy's CEO, Sumit Singh, for his leadership and ability to call a bottom for the stock, suggesting that the current price level presents a buying opportunity due to the company's strong recurring revenue [2][3] Group 2 - Cramer highlighted Chewy as a significant player in the pet products market, noting its success and the positive reception of its offerings among pet owners [3] - The commentary from Cramer indicates a belief that the market reaction to Chewy's earnings was overly negative, suggesting potential for recovery [3]