Chewy’s stock has plunged 36% this year, but don’t panic—this might be a buying opportunity. Once trading at a sky-high 119x earnings, the valuation has crashed to a more reasonable 35x, while sales and adjusted earnings are still climbing. With projected 24-25% annual earnings growth and big plans like telehealth and vet clinics, Chewy’s long-term potential shines—even if the market’s short-term mood swings.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.