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Chewy raises 2027 revenue forecast after Q2 earnings beat estimates slightly

Market News
09 Sep 2026
Blockonomi
View Source
Bullish
Chewy raises 2027 revenue forecast after Q2 earnings beat estimates slightly

Chewy's shares rose 1.9% in premarket trading after the company reported Q2 adjusted earnings of $0.36 per share, matching analyst expectations, and revenue of $3.33 billion, slightly above estimates. Management raised the full-year 2027 revenue forecast to a range of $13.46 billion to $13.57 billion, surpassing Wall Street's midpoint estimate. Despite a 34% stock decline over the past year, the upgraded guidance provided a positive outlook for investors. The company expects Q3 revenue to be in line with analyst projections, maintaining steady growth and profitability amid challenging market conditions.

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Top Swift provider Bottomline partners with Chainlink to enable blockchain payments for 600+ banks.

Top Swift provider Bottomline partners with Chainlink to enable blockchain payments for 600+ banks.

Bottomline, a leading Swift service provider handling over $16 trillion in payments annually, has partnered with Chainlink to help more than 600 banks send value across blockchain networks without changing their existing payment systems. This collabo...

Market News
Bullish
4 hours ago
NYSE pre-market update highlights Covenant's defense launch and Moonwalk Bio's RNAi progress.

NYSE pre-market update highlights Covenant's defense launch and Moonwalk Bio's RNAi progress.

The NYSE pre-market update on September 9, 2026, featured key developments including defense company Covenant emerging from stealth with a new factory and heavy-payload weapon system, backed by over $250 million in funding. Moonwalk Bio announced pro...

Market News
Bullish
4 hours ago
Agroz secures multi-year deal with Harvest Hive to supply 500+ acres of fresh highland vegetables

Agroz secures multi-year deal with Harvest Hive to supply 500+ acres of fresh highland vegetables

Agroz Inc. has signed a multi-year strategic agreement with Harvest Hive Sdn Bhd to supply and distribute fresh highland vegetables from over 500 acres of farmland in Malaysia's Cameron Highlands. This deal significantly expands Agroz's supply capaci...

Company Fundamentals
Bullish
4 hours ago
World Bank, Mastercard, and Visa launch $700M initiative to boost digital payments in emerging markets.

World Bank, Mastercard, and Visa launch $700M initiative to boost digital payments in emerging markets.

The World Bank's International Finance Corporation (IFC) has launched a $700 million initiative to expand digital payment access in emerging markets, with Mastercard contributing $500 million and Visa supporting $200 million in credit risk sharing. T...

Market News
Bullish
4 hours ago
Pinnacle Silver & Gold reports high-grade gold-silver results at Pinos Cuates mine in Durango, Mexico.

Pinnacle Silver & Gold reports high-grade gold-silver results at Pinos Cuates mine in Durango, Mexico.

Pinnacle Silver & Gold Corp has announced strong gold and silver mineralization from underground drilling at the historic Pinos Cuates mine on its Potrero property in Durango, Mexico. Recent drill holes returned significant grades, including 10.89 me...

Market News
Bullish
4 hours ago
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