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CHWY
Benzinga
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Chewy Q2 Preview: Are Pet Stocks Defensive? Results May Show 'Stable Industry Trends

1. Chewy is set to report Q2 earnings, with $3.08 billion revenue expected. 2. Analysts forecast a decline in EPS to 14 cents, down from 24 cents. 3. Autoship contributes 80% of revenue, highlighting Chewy's strong subscription model. 4. Chewy is trending positively, with an expectation of acquiring 126,000 new customers. 5. Analyst upgrades indicate bullish sentiment ahead of earnings report.

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FAQ

Why Bullish?

With positive revenue growth expectation and solid market share, Chewy is poised for upside. Historical context shows CHWY often advantages upon strong earnings, indicating potential price increase post-report.

How important is it?

The article discusses upcoming earnings, which significantly influence stock prices. Analyst upgrades and subscription models highlight Chewy's growth drivers, making the information crucial for investors.

Why Short Term?

Earnings reports typically impact stock prices quickly. The anticipated figures could lead to immediate market reactions.

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