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2021-09-02

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Chewy shares fell more than 8% in early trading

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FactSet consensus called for a quarterly loss of 2 cents a share.</p>\n<p>Sales rose 27% to $2.16 billion, from $1.70 billion a year ago, and were in line with expectations and with the company's guidance.</p>\n<p>Chewy, which sells a variety of pet products, said it ended the quarter with 20.1 million active customers, 21% more year-on-year. The analysts polled by FactSet expected the company to end the quarter with 20.4 million active customers.</p>\n<p>The company has added more customers than before the pandemic, \"but below the record levels we saw last year during the peak of pandemic-driven lockdowns,\" Chewy said.</p>\n<p>Chewy stock price target cut to $90 from $100 at Wedbush.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chewy shares fell more than 8% in early trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChewy shares fell more than 8% in early trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-02 21:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chewy&nbsp;shares&nbsp;fell&nbsp;more&nbsp;than&nbsp;8%&nbsp;in&nbsp;early&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/4db1af39efaf86c9620801d470fc03ff\" tg-width=\"882\" tg-height=\"609\" referrerpolicy=\"no-referrer\">Chewy&nbsp;posted a wider-than-expected loss for its second quarter and had slightly fewer active customers than Wall Street expected.</p>\n<p>Chewy&nbsp;said it lost $17 million, or 4 cents a share, in the quarter, compared with a loss of $33 million, or 8 cents a share, in the year-ago quarter. FactSet consensus called for a quarterly loss of 2 cents a share.</p>\n<p>Sales rose 27% to $2.16 billion, from $1.70 billion a year ago, and were in line with expectations and with the company's guidance.</p>\n<p>Chewy, which sells a variety of pet products, said it ended the quarter with 20.1 million active customers, 21% more year-on-year. The analysts polled by FactSet expected the company to end the quarter with 20.4 million active customers.</p>\n<p>The company has added more customers than before the pandemic, \"but below the record levels we saw last year during the peak of pandemic-driven lockdowns,\" Chewy said.</p>\n<p>Chewy stock price target cut to $90 from $100 at Wedbush.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHWY":"Chewy, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183066360","content_text":"Chewy shares fell more than 8% in early trading.\nChewy posted a wider-than-expected loss for its second quarter and had slightly fewer active customers than Wall Street expected.\nChewy said it lost $17 million, or 4 cents a share, in the quarter, compared with a loss of $33 million, or 8 cents a share, in the year-ago quarter. 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The analysts polled by FactSet expected the company to end the quarter with 20.4 million active customers.\nThe company has added more customers than before the pandemic, \"but below the record levels we saw last year during the peak of pandemic-driven lockdowns,\" Chewy said.\nChewy stock price target cut to $90 from $100 at Wedbush.","news_type":1},"isVote":1,"tweetType":1,"viewCount":48,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":28,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/812260428"}