Chewy Is Unlocking Operating Leverage
CHWYChewy(CHWY) Seeking Alpha·2024-08-08 15:31
mgstudyo/E+ via Getty Images Chewy (NYSE:CHWY) stock has been in trouble since the beginning of 2021. After falling more than 75%, the company is finally producing real cash flows and finding operating leverage. This, combined with some slow growth, makes the stock a careful buy at the moment. Data by YCharts What has happened with CHWY? Chewy is one of what I call a classic pandemic stock. These are, in my opinion, companies that acquired some important growth during the pandemic era because they solve ...