CHWY - Chewy, Inc.

NYSE - NYSE Delayed Price. Currency in USD
26.39
-1.04 (-3.79%)
At close: 4:00PM EDT
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Previous Close27.43
Open27.48
Bid0.00 x 900
Ask0.00 x 800
Day's Range26.29 - 27.81
52 Week Range26.29 - 41.34
Volume5,276,435
Avg. Volume2,607,726
Market Cap10.519B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.65
Earnings DateSep 17, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est36.40
Trade prices are not sourced from all markets
  • Chewy Sinks as Investors Wanted Bigger Beat, Better Forecast
    Bloomberg

    Chewy Sinks as Investors Wanted Bigger Beat, Better Forecast

    (Bloomberg) -- Chewy Inc. fell as some investors wanted to see a bigger sales beat and higher forecast boost from the online pet retailer.“We think the market is still trying to determine Chewy’s ‘true’ earnings potential, as initial expectations may have been for more pronounced upside,” Jefferies analyst Brent Thill wrote in a note.Analysts were generally bullish on Chewy’s fundamentals following the earnings release, which was just the second quarterly financial update since the company’s initial public offering in June. However, with the stock up 38% since its debut, opinions are mixed on its valuation.Chewy shares tumbled as much as 8.1% Wednesday to $27.79, the lowest the stock has touched since shares were priced at $22 on June 13.Here’s what analysts had to say after the report:Wells Fargo, Brian FitzgeraldFitzgerald continues to view Chewy as a “premium e-commerce asset deserving of a premium valuation.”Key positives from the quarter included: autoship customer sales growth of nearly 49%; gross margin improvements, driven by better product margin, supply chain efficiencies, and new higher-margin products; and the data management platform launch.Ebitda margin performance was the key negative in the quarter. “Despite noted gross margin tailwinds and an increase in full-year revenue guidance, Ebitda margin outlook remained largely unchanged.”Maintains outperform, price target $40.Jefferies, Brent Thill“All signs point to continued beat and raise quarters.”Gross margin, which was about 100 basis points above analyst estimates, was “a bright spot.” Thill said progression here “could indicate a shorter than expected pathway to profitability.”That said, Thill remains “mindful of operating losses and presence of larger-scale competitors,” including Amazon.com, Walmart Inc., and Target Corp. Valuation is also keeping him back from becoming “more constructive” on the name. He has a hold rating and cut his price target to $34 from $36 due to lower valuation across peers.What Bloomberg Intelligence says:“Despite heightened competition in 2Q from Amazon Prime Day and other holidays, Chewy remains able to grow, with Autoship sales accelerating faster than the total and now at 69% penetration. Chewy will likely exceed its full-year sales-growth outlook of 35-36%, in our view.”--Seema Shah, senior consumer discretionary analyst\--Click here to see the researchMorgan Stanley, Brian NowakChewy’s revised revenue and adjusted Ebitda forecasts are 1% and 12% above Nowak’s previous estimates at the top end, which “highlight why we like its position as the online leader in the staple-like pet space.”“The one point to pick at” was SG&A, which was $14 million higher than expected due to a fulfillment center launch and higher public company costs, the analyst said. “Given the size of this line item (17% of revenue) it will be important to monitor this.”Nowak maintains his equal-weight rating given valuation. He believes Chewy will have to accelerate net buyer additions and/or show that some of its “blue sky opportunities (healthcare, services, etc) are starting to meaningfully contribute in order to sustain” the current multiple. His price target remains $34.RBC, Mark Mahaney“Fundamental trends were largely neutral, with revenue growth decelerating 2 points to 43% y/y, gross margins solidly expanding 301 basis points y/y and Ebitda loss improving $24 million y/y but worsening $13 million q/q.”Rates sector perform(Updates with regular session stock activity in the fourth graph)To contact the reporter on this story: Janet Freund in New York at jfreund11@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Morwenna ConiamFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Business Wire

    Chewy Announces Fiscal Second Quarter 2019 Financial Results

    Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted online destination for pet parents, has released its financial results for the second quarter of fiscal year 2019 ended August 4, 2019, and posted a letter to its shareholders on its investor relations website at https://investor.chewy.com. “We are pleased to report strong second quarter 2019 results with net sales growing 43 percent year-over-year, and gross margin increasing 300 basis points over the same time horizon,” said Sumit Singh, Chief Executive Officer of Chewy. Management will host a conference call and webcast to discuss Chewy's financial results today at 5:00 pm ET.

  • ACCESSWIRE

    Chewy Inc - Ordinary Shares - Class A to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / September 17, 2019 / Chewy Inc - Ordinary Shares - Class A (NYSE: CHWY ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on September ...

  • FedEx, Chewy earnings — What to know in markets Tuesday
    Yahoo Finance

    FedEx, Chewy earnings — What to know in markets Tuesday

    Earnings will be in focus Tuesday when FedEx and Chewy report quarterly results after the market close.

  • FOMC meeting, big tech heads to Washington — What to know in the week ahead
    Yahoo Finance

    FOMC meeting, big tech heads to Washington — What to know in the week ahead

    Investors will turn their attention to Washington this week, as the Federal Open Market Committee gears up for its two-day meeting and representatives from big tech companies head to Capitol Hill to testify.

  • Are Chewy, Inc. (NYSE:CHWY) Investors Paying Above The Intrinsic Value?
    Simply Wall St.

    Are Chewy, Inc. (NYSE:CHWY) Investors Paying Above The Intrinsic Value?

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Chewy, Inc...

  • Business Wire

    Chewy Appoints Two New Members to its Board of Directors

    Chewy, Inc. (NYSE: CHWY), a trusted online destination for pets and pet parents, announced today the appointment of Brian McAndrews and David Leland to the company’s board of directors. McAndrews and Leland bring deep expertise to the board’s existing nine members including extensive leadership in the retail, e-commerce and financial sectors. Brian McAndrews is a board member and advisor to several category leaders, including his current roles as chairman for GrubHub, Amplero, PicMonkey, and United Way of King County.

  • Business Wire

    Chewy Announces Fiscal Second Quarter 2019 Financial Results Conference Call

    Chewy, Inc. , a trusted online destination for pets and pet parents, today announced it will report fiscal second quarter 2019 financial results after the market close on Tuesday, September 17, 2019.

  • Netflix stock is vulnerable in a recession, Nomura says
    Yahoo Finance

    Netflix stock is vulnerable in a recession, Nomura says

    E-commerce stocks are the best to own in a recession, Nomura analysts say. But is Netflix recession-proof?

  • Chewy founder: Don’t compare us to Pets.com
    Yahoo Finance

    Chewy founder: Don’t compare us to Pets.com

    Ryan Cohen, founder and former CEO of Chewy, argues that any comparison of his company to Pets.com, the poster-child of the dot-com bubble, is "crazy."

  • Is Chewy a Potential Long-Term Investment? Put It to the "Moat Test"
    Motley Fool

    Is Chewy a Potential Long-Term Investment? Put It to the "Moat Test"

    Chewy's commitment to delighting its customers makes this pet e-tailer a rare breed and gives it a competitive advantage.

  • Can Chewy Prove It Can Run With the Big Dogs?
    Motley Fool

    Can Chewy Prove It Can Run With the Big Dogs?

    The online retailer of pet supplies still has a long road of losses ahead despite impressive sales growth.

  • Chewy's First Public Report Was Pretty Good -- but Still Not Good Enough
    Motley Fool

    Chewy's First Public Report Was Pretty Good -- but Still Not Good Enough

    Shares of the pet-focused e-commerce company were already more than fairly priced.

  • Chewy Reports Q1 Results, Gains Popularity Among Pet Owners
    Market Realist

    Chewy Reports Q1 Results, Gains Popularity Among Pet Owners

    On Thursday, pet retailer Chewy (CHWY) reported its first-quarter results after the market closed. The company reported its earnings for the first time.

  • Chewy reports sales in line with expectations
    Yahoo Finance

    Chewy reports sales in line with expectations

    Online pets-product retailer Chewy reported sales in line with expectations.

  • Motley Fool

    The 10 Biggest IPO Stocks

    Two of the biggest ones have yet to hit the markets.

  • Stock market news: July 18, 2019
    Yahoo Finance

    Stock market news: July 18, 2019

    U.S. stocks turned positive in afternoon trading on Thursday as corporate earnings continue to roll in, with trade and growth concerns lingering in the background.

  • Netflix's stock reels after soft Q2 subscriber growth: Morning Brief
    Yahoo Finance

    Netflix's stock reels after soft Q2 subscriber growth: Morning Brief

    Top news and what to watch in the markets on Thursday, July 18, 2019.

  • Microsoft, Chewy earnings — What to know in markets Thursday
    Yahoo Finance

    Microsoft, Chewy earnings — What to know in markets Thursday

    Thursday, tech giant Microsoft and online pet-products retailer Chewy will deliver financial results after the market close.

  • Will Recent IPO Chewy Bite Investors With Its First Earnings Report?
    Motley Fool

    Will Recent IPO Chewy Bite Investors With Its First Earnings Report?

    Investors will find out if the pet products company is a prize pooch or a mongrel with fleas.

  • Wall Street weighs in with new coverage on Chewy's stock
    Yahoo Finance

    Wall Street weighs in with new coverage on Chewy's stock

    Wall Street initiations have arrived for pet product e-tailer Chewy.