CHWY News and Press, Chewy Inc. Class A From 05/29/24

2024-05-29 10:34:20 ET Summary Chewy, Inc. stock jumped 15% after fiscal Q1 earnings, but it is likely just a relief rally. The stock is too expensive at 21x forward free cash flow and should be avoided. Chewy's revenue growth is slowing to around 7% y/y, and its active custom...

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2024-05-29 08:58:00 ET U.S. stock index futures on Wednesday pointed to a lower open, with the Nasdaq Composite ( COMP:IND ) on track to halt a two-day advance. The tech-heavy index breached the 17,000 points mark for the first time ever in the previous session. Here are some st...

2024-05-29 07:41:02 ET More on Chewy Chewy: Rating Downgrade To 'Hold' As Management Guides For Slower Revenue Growth In FY24 Chewy: A Recurring Revenue Powerhouse Fueled By Pet Love Chewy Is Not As Recession-Proof As Management Thinks Chewy Q1 2025 Earni...

2024-05-29 07:39:25 ET More on Chewy Chewy: Rating Downgrade To 'Hold' As Management Guides For Slower Revenue Growth In FY24 Chewy: A Recurring Revenue Powerhouse Fueled By Pet Love Chewy Is Not As Recession-Proof As Management Thinks Chewy Q1 2025 Earnings ...

2024-05-29 07:11:06 ET More on Chewy Chewy: Rating Downgrade To 'Hold' As Management Guides For Slower Revenue Growth In FY24 Chewy: A Recurring Revenue Powerhouse Fueled By Pet Love Chewy Is Not As Recession-Proof As Management Thinks E-commerce: Chewy and e...

Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted destination for pet parents and partners everywhere, has released its financial results for the first quarter of fiscal year 2024 ended April 28, 2024. Fiscal Q1 2024 Highlights: Net sales of $2.88 billion increased 3.1 per...

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2024-05-29 04:15:01 ET Wedbush analyst issues OUTPERFORM recommendation for CHWY on May 29, 2024 02:50AM ET. The previous analyst recommendation was Outperform. CHWY was trading at $16.91 at issue of the analyst recommendation. The overall analyst consensus : BUY. Cu...

2024-05-29 04:15:01 ET Goldman Sachs analyst issues BUY recommendation for CHWY on May 29, 2024 02:50AM ET. The previous analyst recommendation was Buy. CHWY was trading at $16.91 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current an...