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.