Chewy Q2 EPS $0.15 Beats $(0.05) Estimate, Sales $2.78B Beat $2.76B Estimate
Portfolio Pulse from Happy Mohamed
Chewy (NYSE:CHWY) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $(0.05) by 400 percent. This is a 200 percent increase from the same period last year. The company also reported quarterly sales of $2.78 billion, beating the analyst consensus estimate of $2.76 billion by 0.64 percent, a 14.26 percent increase from the same period last year.
August 30, 2023 | 8:11 pm
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POSITIVE IMPACT
Chewy's Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance.
Chewy's Q2 earnings and sales exceeded analyst estimates, which is a positive signal for the company's financial performance. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100