Chewy (CHWY) Misses Q3 EPS by 4c, Revenue In-Line, Offers Guidance
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UPDATE: Chewy Inc. (CHWY) PT Lowered to $70 at Piper Sandler on Declining Margins in 2020 Due to Inflationary Headwinds
December 10, 2021 2:09 PM EST(Updated - December 13, 2021 6:57 AM EST)
Piper Sandler analyst Peter Keith lowered the price target on Chewy Inc. (NYSE: CHWY) to $70.00 (from $100.00) while maintaining an Overweight rating following results.
The analyst comments "We maintain our OW rating and lower our PT... More
Chewy (CHWY) Shares Down 7% on Q3 EPS Miss
December 9, 2021 4:59 PM ESTChewy (NYSE: CHWY) shares were trading more than 7% lower after-hours following the companys Q3 results, with EPS coming in at ($0.08), missing the consensus estimate of ($0.04). Quarterly net sales grew 24.1% to $2.21 billion, in line with the Street estimates.
According to Sumit... More
