Chewy, Inc. (NYSE:CHWY) is expected to report second quarter earnings results, after market close, on Thursday 10th September 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.16 per share.
Looking ahead, the full year loss are expected at $ 0.46 per share on the revenues of $ 6731.06 million.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 1.62 billion ~ $ 1.64 billion
Full Year 2020 topline are forecasted in a range of$ 6.55 billion ~ $ 6.65 billion
Click Here For More Historical Outlooks Of Chewy, Inc.
Previous Quarter Performance
Chewy, Inc. unfold loss for the first quarter of $ 0.12 per share, from the revenue of $ 1,621.00 million. The quarterly revenues increased 46.18 percent compared with the same quarter last year. Wall street analysts are predicting, CHWY to report 1Q20 loss of $ 0.16 per share from revenue of $ 1529.93 million. The bottom line results beat street analysts by $ 0.04 or 25.00 percent, at the same time, top line results outshined analysts by $ 91.07 million or 5.95 percent.
Stock Performance
Shares of Chewy, Inc. traded up $ 1.27 or 2.09 percent on Wednesday, reaching $ 62.07 with volume of 4.15 million shares. The stock opened positive for the day at $ 64.35, after closing the previous day trading at $ 60.80.
According to the previous trading day, closing price of $ 60.80, representing a 194.86 % increase from the 52 week low of $ 20.62 and a 18.76 % decrease over the 52 week high of $ 74.84.
The company has a market capital of $ 28.21 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
Recent Analyst recommendations
- On 15th July 2020, initiated by Cleveland Research at Buy rating, with $ 60.00 target price.
Conference Call
Chewy, Inc. will be hosting a conference call at 5:00 PM eastern time on 10th September 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.chewy.com/
Chewy, Inc., together with its subsidiaries, engages in the pure play e-commerce business in the United States. The company provides pet food, pet products, pet medications, and other pet health products for dogs, cats, fish, birds, small pets, horses, and reptiles through its chewy.com retail Website, as well as its mobile applications. It offers approximately 45,000 products from 1,600 partner brands.
