Analysts Boosts Chewy's Price Forecast But Say Valuation Is Bit Stretched
Chewy(CHWY) Benzinga·2024-08-30 01:29
On Wednesday, Chewy Inc. CHWY reported better-than-expected second-quarter 2024 results and reaffirmed annual guidance.The company reported sales of 2.86 billion and the management guidance of 2.86 billion.The retailer of pet supplies reported adjusted EPS of 0.02 and $0.15 a year ago.JP Morgan analyst writes, “We’re encouraged that Chewy’s Active Customers returned to growth for t ...