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.
Image source: Getty Images.
Source Fool.com
Chewy Inc Stock
€28.86
0.890%
The stock is an absolute favorite of our community with 45 Buy predictions and no Sell predictions.
With a target price of 39 € there is a positive potential of 35.14% for Chewy Inc compared to the current price of 28.86 €.
