Chewy: Favorable Investment Setup
CHWYChewy(CHWY) Seeking Alpha·2024-09-17 14:23
Chalabala/iStock via Getty ImagesChewy (NYSE:CHWY) reported better than expected earnings for the second fiscal quarter at the end of August that went hand in hand with strong EBITDA margins and a favorable customer monetization trend. Shares of Chewy have also revalued sharply higher in FY 2024 as the company’s business fundamentals are improving and a meme investor took a position in the pet supply e-Commerce platform. I believe the value proposition is still attractive here for long term investors, d ...