Chewy shares fall 9.2% after earnings; outlook lifted
Chewy stock dropped 9.2% to $21.12 after the pet supplies retailer reported quarterly earnings described as “mundane” and raised its fiscal year sales outlook.
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Chewy falls after mixed Q2 results and raised outlook
Chewy shares fell after second-quarter adjusted earnings matched expectations, sales missed estimates, and the company raised its full-year revenue and profitability outlook.