Chewy Inc Stock News

PLANTATION, Fla.--(BUSINESS WIRE)--Chewy, Inc. (NYSE: CHWY) (“Chewy”) is inviting pets across the country to share in the spirit of the season with the return of Chewy Claus. Now in its fifth year, the beloved annual letter writing campaign is back to deliver holiday gifts to pets and spread a little extra magic to those who need it most. In addition to sending gifts to lucky pets, this year, C...

General Mills, Chewy, and Petco pointed to strong sales of cat products on their respective earnings calls this month. The dog industry still shows signs of softening with each company strategizing on how to account for changing pet adoption trends.

Many companies can't put a number on what artificial intelligence does for their productivity. Chewy has one.

Chewy Inc (NYSE:CHWY) reported second-quarter revenue and profit above Wall Street estimates on Thursday, even as shares fell 8.6% after the pet products retailer's free cash flow missed expectations. Revenue rose 7.3% year-over-year to $3.33 billion, edging past the $3.32 billion analysts had forecast.

Chewy revenue beat estimates while earnings were in-line.

Chewy stock advances after the company raises net sales guidance for the fiscal year.

The online pet-supplies retailer posted a second-quarter profit of $80.5 million, or 20 cents a share, compared with $62 million, or 14 cents a share, a year earlier.