CHEWY INC. DL-,01

At the Goldman Sachs conference, Chewy announced plans to evolve from a pure pet-supplies retailer into a comprehensive pet-health platform, increasing investment in AI, veterinary clinics and pharmacies. Gross margin has risen from 18% at IPO to around 30%, driven by Autoship, the health business and supply-chain optimizations. Chewy now operates about 60 clinics, plans expansion through acquisitions such as Modern Animal, and intends to use AI tools (Chewy AI) and agentic commerce to boost customer retention and efficiency. Management expects to fund many growth investments from the core business, aims for further margin improvement and is also considering opportunistic M&A in the health sector. » Więcej na de.investing.com

Chewy reported Q2 sales up 7.3% to $3.33 billion, adjusted EPS $0.36 and raised its full-year outlook, but organic revenue growth slowed to 5.7% and adjusted EBITDA outperformance relied on one-time items. Analysts cut ratings and price targets, with Evercore ISI downgrading to In Line amid concerns about a lack of clear growth catalysts and competitive pressure from Amazon and Walmart. The stock has fallen about 48% from its 52-week high and trades near multi-year lows; the report says the shares are only attractive if deceleration proves cyclical and future quarters show organic reacceleration and sustainable margin expansion. » Więcej na finance.yahoo.com

JPMorgan downgraded Chewy from “Overweight” to “Neutral” and cut its price target from $29 to $24, after which the stock fell about 3.3%. Analyst Doug Anmuth cited persistent macroeconomic headwinds weighing on organic growth and sales of non‑essential products. Chewy gained market share despite the environment, reported a net increase of 208,000 active customers, raised its full‑year revenue outlook in the middle of the range by roughly $40 million, but does not see a meaningful recovery in consumer behavior in 2026; the improved EBITDA margin for the quarter was largely due to one‑off gross margin benefits of about $15 million. » Więcej na de.investing.com