The Latest Breaking News from Chewy

Amazon handily beat Walmart for the lowest prices on food and consumables, a study shows. In other categories, things tightened up.

Many of the respondents believe that having a pet makes one more responsible and empathetic.  

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According to Benzinga Pro, during Q1, Chewy (NYSE:CHWY) earned $18.47 million, a 129.04% increase from the preceding quarter. Chewy also posted a total of $2.43 billion in sales, a 1.68% increase since Q4.

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Analysts have provided the following ratings for Chewy (NYSE:CHWY) within the last quarter:

Anna Brose received heartwarming reply from Chewy after attempting to return a bag of unopened dog food

Chewy (CHWY) reported better-than-expected earnings and revenue in the last reported quarter. Although analysts expect the company’s revenues to increase in fiscal 2023, its EPS is expected to remain negative in the upcoming quarters. So, will it be wise to buy the stock now? Read on to learn our view.

Last Christmas we highlighted an insider purchase by an independent director of Chewy and wrote the following about the company,