CHWY - Chewy Stock Hits A New All-Time Low: What's Going On? | Benzinga
Chewy Inc (NYSE:CHWY) shares are trading lower by 5.8% to $15.66 Monday afternoon. The stock is falling after the company last week issued first-quarter net sales guidance below estimates.
Chewy’s fourth-quarter earnings showcased positive growth, with net sales reaching $2.83 billion, marking a 4.2% increase compared to the previous year. This figure surpassed the Street consensus estimate of $2.79 billion. Additionally, the company reported adjusted earnings per share of 18 cents, surpassing expectations of a loss of 4 cents per share.
For the entire fiscal ...