CHWY

CEO Investment: GameStop's CEO Ryan Cohen increased his stake in the company by purchasing 500,000 shares at $21.55 each, raising his total ownership to approximately 8.4% of outstanding shares.

Market Reaction: Following the announcement of Cohen's purchase, GameStop's shares rose by 2.7% in after-hours trading.

Market Overview: U.S. stocks had a mixed performance on Monday, with the Dow Jones gaining over 400 points while the Nasdaq fell due to declines in Nvidia and Tesla shares. March saw significant declines across major indices, with the S&P 500 down 5.8% and the Nasdaq down 8.2%.

Analyst Ratings Insights: Benzinga provides curated stock ratings from top analysts, highlighting recent picks such as Leo Mariani's Buy rating for Sable Offshore Corp and Jay McCanless's Outperform rating for Rithm Capital Corp, both indicating potential upside for investors.

Chewy's Financial Performance: Chewy has shown significant growth in net sales per active customer and improved profit margins, with free cash flow reaching $452 million in 2024. Despite a previous decline in customer count, the company has recently added over 400,000 new customers, indicating a positive trend.

Investment Outlook: Chewy's solid financial metrics, reasonable valuation at 1 times sales, and return to customer growth make it an attractive investment opportunity. However, it was not included in the Motley Fool's list of top stocks to buy, suggesting investors should consider other options as well.

Chewy's Business Model: Chewy has become a leading online retailer in the pet industry, generating $11.9 billion in revenue, largely due to its successful Autoship program which accounts for 79.2% of sales and fosters customer loyalty through convenient scheduled deliveries.

Investment Considerations: While Chewy shows strong performance metrics, it was not included in the Motley Fool Stock Advisor's list of top investment recommendations, suggesting potential investors should consider other options for better returns.

Analyst Ratings and Valuation: RBC Capital Markets maintains a buy rating for Chewy (NYSE: CHWY) with a $42 price target, highlighting strong fiscal 2024 results despite the stock's historically low price-to-sales ratio of 1.2 due to normalized sales growth post-pandemic.

Profitability Growth: Despite slowing sales growth and rising costs, Chewy has significantly increased its profitability, achieving a tenfold increase in earnings per share in fiscal 2024, suggesting potential for future earnings growth that could make the stock more attractive.

Chewy Inc Stock Performance: Chewy Inc's shares have dropped 9.2% to $31.30 despite reporting strong fourth-quarter earnings, with an adjusted EPS of 28 cents and revenue growth of 14.9% year-over-year to $3.25 billion, surpassing analyst expectations.

Analyst Outlook: Analysts remain optimistic about Chewy's future, citing customer growth and market share capture in the online pet retail sector, with projected revenue for fiscal year 2025 between $12.30 billion and $12.45 billion.

Market Overview: U.S. stocks, particularly the Dow Jones index, fell over 700 points as investors reacted to tariff-related news, while analysts' stock ratings varied significantly, causing confusion among investors.

Top Analyst Picks: Benzinga highlights recent stock ratings from top analysts, including Leo Mariani's Buy rating on Sable Offshore Corp with a price target of $30, and other notable ratings on KB Home, Acadia Healthcare, Chewy, and Intuitive Machines, showcasing their potential upside.

Analyst Ratings on Chewy: Steven Forbes from Guggenheim has reiterated a Buy rating for Chewy with a price target of $42, while Citi's Steven Zaccone also issued a Buy rating; however, Needham maintained a Hold rating on the stock.

Insider Activity and Sentiment: Recent corporate insider activity shows negative sentiment towards Chewy, with an increase in insiders selling shares, including a significant sale by Argos Holdings GP LLC of 7 million shares.

Company Performance: Petco Health & Wellness is showing signs of improvement under new management, with expectations for a better bottom line in fiscal 2025 due to a focus on higher-margin products and store closures.

Financial Results: The company reported a narrower loss and an increase in same-store sales during the fourth quarter.

Chewy's Strong Performance: Chewy Inc reported positive fourth-quarter results with a revenue increase of 6.9% year-on-year, achieving growth in active customers for the first time in two years and guiding for continued growth in 2025.

Analyst Ratings and Outlook: Analysts from various firms maintained positive ratings on Chewy, citing strong customer acquisition, improved marketing efficiency, and a favorable outlook for net sales growth despite slight declines in share price.

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Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, gaining access to exclusive stories and insights from Benzinga reporters.

Chewy Inc. Earnings Report: Chewy reported a fourth-quarter adjusted EPS of 28 cents, exceeding expectations, with sales of $3.25 billion, reflecting a year-over-year growth of 14.9%. The company anticipates continued growth in fiscal year 2025, projecting sales between $12.30 billion and $12.45 billion.

Analyst Ratings Update: Following the earnings announcement, analysts from Barclays, JP Morgan, and Wedbush maintained Overweight ratings on Chewy, with price targets raised to between $39 and $44.

Market Performance: Major US stock indexes, including the S&P 500 and Nasdaq, experienced declines due to concerns over US trade policies and inflation, with notable weakness in tech stocks and chip makers. Energy stocks saw gains as crude prices rose.

Economic Indicators: The Fed's hawkish comments contributed to market pressure, while upcoming economic reports are anticipated to provide insights into GDP growth and consumer sentiment, amidst geopolitical tensions in the Middle East affecting market stability.

Sales Forecast: Petco Health & Wellness Co. anticipates another year of declining sales but expects double-digit growth in adjusted profit metrics for the upcoming year.

Market Reaction: Following the announcement, Petco's shares surged by 9.8% in after-hours trading.

Market Decline: U.S. stocks fell across all major indices due to renewed tariff concerns, particularly affecting technology shares like Nvidia, which dropped significantly amid fears of export restrictions to China.

Sector Performance: While tech stocks struggled, blue-chip stocks in the Dow showed resilience, supported by energy and consumer staples sectors; GameStop surged 15% following strong earnings, contrasting with broader market trends.

Real-time Market Intelligence: Benzinga Pro offers the fastest and most accurate stock market alerts, helping traders stay informed and make winning trades daily.

Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, gaining access to exclusive stories and insights from Benzinga reporters.

Market Performance: Major US stock indexes are down, with the S&P 500 falling -1.08% and the Nasdaq 100 down -1.76%, largely due to trade uncertainties and weakness in key tech stocks, while energy stocks see gains amid rising crude prices.

Economic Indicators: Concerns over reduced corporate capital spending due to tariffs and economic uncertainty persist, highlighted by a decline in US core capital goods orders; upcoming economic reports on GDP and personal spending are anticipated to provide further insights.

Market Overview: The stock market is mixed with the Dow Jones up 0.46% and the S&P 500 down 0.09%, influenced by US trade uncertainties, declining capital goods orders, and geopolitical tensions in the Middle East.

Stock Movements: Major tech stocks are underperforming, while energy stocks are rising due to increased crude prices; notable movers include Cintas Corp, which saw an 8% increase after raising its earnings forecast, and Chewy, which fell over 2% after disappointing sales projections.

Chewy Inc. Financial Performance: Chewy reported a fourth-quarter adjusted EPS of 28 cents, exceeding expectations, with sales reaching $3.25 billion, a 14.9% increase year-over-year. The company also saw significant growth in Autoship customer sales and an increase in adjusted EBITDA.

Future Guidance: For fiscal year 2025, Chewy expects sales between $12.30 billion and $12.45 billion, with a projected adjusted EBITDA margin of 5.4%-5.7%. The company anticipates first-quarter sales of $3.06 billion-$3.09 billion, surpassing consensus estimates.

Chewy's Strong Performance: Chewy (CHWY) reported better-than-expected earnings for the fiscal fourth quarter, with adjusted earnings of $0.28 per share and net sales of $3.3 billion, driven by strong customer growth and a successful Autoship subscription service.

Analyst Confidence: Analysts maintain a "Strong Buy" rating for Chewy, citing its resilient pet product market and recurring revenue model, with an average price target suggesting a potential 21% upside for the stock.