Chewy Expects Q3 2024 Sales Of $2.84B-$2.86B Versus Consensus Of $2.869B
Portfolio Pulse from Benzinga Newsdesk
Chewy has announced its expected Q3 2024 sales to be between $2.84 billion and $2.86 billion, slightly below the consensus estimate of $2.869 billion.
August 28, 2024 | 11:50 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Chewy's projected Q3 2024 sales range of $2.84B-$2.86B is slightly below the consensus estimate of $2.869B, which may lead to a cautious market reaction.
Chewy's sales forecast is slightly below market expectations, which could lead to a negative short-term impact on its stock price as investors may perceive this as a sign of slower growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100