Chewy's stock fell 11% after reporting a free cash flow decline despite beating revenue estimates and raising its full-year outlook. The cash flow shortfall is linked to increased capital expenditures from acquisitions and integration costs, causing investor concern despite stable earnings and revenue growth. Petco shares also declined 6%, pressured by Chewy's results, while Freshpet's stock rose slightly, benefiting from its strong fresh-food pet product growth. The market reaction highlights investor focus on cash flow timing and reinvestment risks in pet retail, with attention now on Chewy's upcoming guidance for free cash flow recovery.
Chewy reported quarterly earnings of $0.36 per share, doubling analyst estimates of $0.18, with net income rising to $80.5 million from $62 million a year ago. Quarterly revenue reached $3.33 billion, slightly above expectations, marking a 7.3% incre...
Chewy Inc reported Q2 revenue of $3.33 billion and adjusted earnings per share of $0.36, both surpassing analyst expectations. Adjusted EBITDA rose 23.7% to $226.7 million, with margins improving, yet free cash flow dropped 15.5% to $89.5 million, mi...
US stock futures dipped slightly as oil prices approached $100 per barrel due to rising tensions between the US and Iran. This increase in crude prices has intensified speculation that the Federal Reserve will raise interest rates by 25 basis points ...
Chewy will report its Q2 2026 earnings on September 9, with analysts expecting earnings per share (EPS) of $0.36, a 9.1% increase year-over-year, and revenue of $3.32 billion, up 6.8%. Growth is driven by its Autoship subscription program and expansi...
This week, the key market event is the August Consumer Price Index (CPI) report, which could influence the Federal Reserve's decision on a rate hike in September. Economists expect a moderate rise in inflation, with core inflation slightly easing. St...
