Chewy slips after its inaugural earnings report as investors wonder if the stock is too expensive

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The company's first earnings report showed sales climbing 45% year-over-year. The quarter also saw the launch of its online pet pharmacy business.

Chewy slipped by as much as 7.5% on Friday after the company reported quarterly earnings for the first time since its June initial public offering. The online pet supply retailer announced $1.1 billion in net sales, a 45% improvement from the year-ago period. It also slashed its net loss in half, from $59.8 million to $29.6 million. Still, the stock is up a whopping 49% from offer price through Thursday's close.

Chewy slipped by as much as 7.5% on Friday after the company reported quarterly earnings for the first time since its June initial public offering. The online pet supply retailer announced $1.1 billion in net sales, a 45% improvement from the year-ago period. It also slashed its net loss in half, from $59.8 million to $29.6 million. Still, the stock is up a whopping 49% from offer price through Thursday's close.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

lol.. no one who buys stocks is puts any real value on the stock price.. this is a great time to buy . earnngs were good.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stocks making the biggest moves in the premarket: Microsoft, Chewy, Boeing, AMC & moreThese are the stocks posting the largest moves in the premarket.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Stocks making the biggest moves after hours: Microsoft, Skechers, Chewy and moreSee which stocks are posting big moves after the bell on July 18. gold and bitcoin
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

CrowdStrike stock jumps after beating expectations in its first earnings reportCrowdStrike reports first earnings report since IPO. Compare BlackBerry Software Revenue Growth, now guided to go beyond $1.1 Billion, and BlackBerry valued at $3.92 Billion vs CrowdStrike with guidance of $430M at valued at $16 Billion $B $CRWD $AAPL $MSFT $GOOGL $AMZN $IBM $ORCL $CRM $TSLA WSJ business reuters bgr cnbc lol Investors get so excited just after one quarterly earnings report. I thought long term investors liked yearly earnings...well they used to and if you read Ben Graham.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Stocks making the biggest moves after hours: Microsoft, Skechers, Chewy and moreSee which stocks are posting big moves after the bell on July 18. gold and bitcoin
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Netflix stock drops 10% after earnings report reveals drop in global growthThe value of Netflix shares dropped 10% on Thursday, one day after the streaming service reported its first drop in global growth. That’s what you get for pulling out a pro life county Probably because they're removing The Office tbh Netflix is about to lose 90% of it's catalog. No more Disney, fox, warner media, NBC, ect. Yet they are still rasing their prices. All you need now is Hulu, Disney +, and HBO Max.
Herkunft: ABC - 🏆 471. / 51 Weiterlesen »

Stocks making the biggest moves in the premarket: Microsoft, Chewy, Boeing, AMC & moreThese are the stocks posting the largest moves in the premarket.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »