Chewy stock is weak after missing EPS and sales estimates, falling 7.6%, with no bullish technical setup despite raised guidance.
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Chewy got requested. Chewy reported earnings this morning. So sad. Chewy down another 7.6% on the back of its earnings here today. Down at $21. The support down here is 17.5. Maybe you get a little bit more support down here at 20.
Rough report though. I actually just started their auto ship thing. I love this company. I say it every time. The stock is so difficult. Missed on EPS here, missed on sales. Um, no bueno for here for Chewy.
Yeah. Well, they mixed earnings and they raised their guidance, but it doesn't look like that uh guidance raise really uh compressed and it wasn't it was barely around the midpoint estimates,
Uh Retro says, "Ryan, you need to do some major purchases for Chewy to stop the bleeding. I did my first I signed up for my first auto ship delivery last week a Friday and it did nothing to help.
They're going to automatically bill me, but it didn't do anything to help."
Well, it's coming down to some some support. We'll see if 21 holds and show you.
What this channel has said about $CHWY
Benzinga has only this one call on this stock.