Chewy Announces Fiscal Fourth Quarter and Full Year 2021 Financial Results

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Chewy Inc. (CHWY) PT Lowered to $60 at Jefferies

March 30, 2022 8:10 AM EDT

Jefferies analyst Stephanie Wissink lowered the price target on Chewy Inc. (NYSE: CHWY) to $60.00 (from $90.00) while maintaining a Buy rating following results.

The analyst commented, "We are conflicted as NT effects from supply limitations and customer maturation impact Q1 & FY22 view. Offsetting, rare... More

Chewy (CHWY) Q4 Revenue Misses

March 29, 2022 4:09 PM EDT

Chewy (NYSE: CHWY) reported Q4 revenue of $2.39 billion versus the consensus estimate of $2.42 billion. Net loss of $63.6 million, including share-based compensation expense of $15.8 million.

Our ability to deliver 24 percent net sales growth in 2021, on top of the outsized growth we delivered last... More