Chewy Stock Declines Amid Profit Concerns Despite Strong Sales

1 min read
Source: Investor's Business Daily
Chewy Stock Declines Amid Profit Concerns Despite Strong Sales
Photo: Investor's Business Daily
TL;DR

Chewy's stock fell 8% in premarket trading despite beating earnings and sales expectations, and showing growth in active customers, driven by a resilient pet market. The company maintained its sales guidance for 2025, and its shares have surged 37% this year, though recent gains have raised caution among analysts.

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