Chewy (CHWY) Shares Down 7% on Q3 EPS Miss
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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) Misses Q3 EPS by 4c, Revenue In-Line, Offers Guidance
December 9, 2021 4:13 PM ESTChewy (NYSE: CHWY) reported Q3 EPS of ($0.08), $0.04 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $2.21 billion versus the consensus estimate of $2.21 billion.
GUIDANCE:
Chewy sees Q4 2021 revenue of $2.4-2.44 billion, versus the consensus of $2.43... More
