3 Retail Stocks to Consider
CHWYChewy(CHWY) Schaeffers Investment Research·2024-06-27 23:59

Retail stocks are in focus today, as investors await to unpack the Federal Reserve's preferred inflation gauge. Traders will use the reading and the performance of the retail sector to gather more insight on the state of the U.S. economy, as well as the future of the central bank's interest rate path. Chewy Inc (NYSE:CHWY) stock is down 5.9% to trade at 27.41aftera27.41 after a 500 million share repurchase from BC Partners was announced. The shares are on track for their fourth loss in six sessions, and have now she ...