Why Chewy Stock Crashed Today
Chewy (NYSE: CHWY) stock tumbled 10% through 11:20 a.m. ET Wednesday despite beating analyst forecasts on both top and bottom lines.
Heading into the company's fiscal Q1 2025 report, analysts expected the online purveyor of pet supplies to report $0.34 per share in adjusted profit on just under $3.1 billion in quarterly sales. Chewy actually earned $0.35 per share, and its sales were just over $3.1 billion, however.
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Source Fool.com
Chewy Inc Stock
€21.50
-1.530%
The stock is an absolute favorite of our community with 42 Buy predictions and no Sell predictions.
With a target price of 39 € there is a hugely positive potential of 81.4% for Chewy Inc compared to the current price of 21.5 €.
