1. Chewy reported Q3 earnings of 32 cents, exceeding expectations. 2. Sales increased 8.3% year-over-year, reaching $3.117 billion. 3. Chewy raised its fiscal 2025 sales guidance to $12.58-$12.60 billion. 4. Analysts at Barclays and Goldman Sachs raised price targets to $52. 5. Despite positive earnings, shares fell by 2.15% after announcement.
FAQ
Why Bullish?
The earnings beat and increased guidance indicate strong operational performance, although immediate market reaction was negative.
How important is it?
The article features substantial financial results and analyst ratings impacting investor interest and stock performance.
Why Short Term?
Investor sentiment could stabilize rapidly due to positive earnings reports and raised price targets.