Is Chewy Inc a Buy After Its Latest Earnings Report?
The company's sales and earnings improved, but its guidance is a concern.
Is Chewy Inc a Buy After Its Latest Earnings Report?
Overview
Chewy (NYSE: CHWY) stock has been stumbling since the company reported its fiscal first-quarter 2026 earnings on June 10. Chewy reported gains in revenue, earnings per share, and net margin, but the stock still slipped after guidance projected a challenging sales environment.
Then Chewy continued its fall today following a series of analyst downgrades, losing another 5%. The fall is the latest in a series of declines in Chewy stock, which is now down 43% this year and 84% off its all-time highs set during the COVID-19 pandemic.
Details
Considering Chewy is seeing increased sales and improved margins, are investors overreacting to the guidance? Let's take a closer look at what's happening.
Source
Originally published at www.fool.com.


