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CHWY
Benzinga
145 days

These Analysts Boost Their Forecasts On Chewy Following Earnings Beat

1. Chewy reported a fourth-quarter adjusted EPS of 28 cents, up 55.6%. 2. Sales reached $3.25 billion, exceeding both consensus and guidance. 3. For fiscal 2025, Chewy expects sales between $12.30 billion-$12.45 billion. 4. Analysts raised their price targets, indicating strong market confidence. 5. Chewy shares increased 1.3% post-earnings announcement.

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FAQ

Why Bullish?

Chewy's strong earnings performance often leads to positive investor sentiment. Similar historical reports previously showed upward stock momentum post-earnings.

How important is it?

The significant beat on EPS and sales provides strong evidence of company health, likely affecting investor confidence.

Why Short Term?

Immediate positive effects from earnings may stabilize within a quarter, similar to previous earnings reports reflecting short-lived gains.

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