Chewy Expects FY2024 Sales Of $11.6B-$11.8B Versus Consensus Of $11.807B
Portfolio Pulse from Benzinga Newsdesk
Chewy has announced its expected FY2024 sales to be between $11.6 billion and $11.8 billion, slightly below the consensus estimate of $11.807 billion.
August 28, 2024 | 11:51 am
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Chewy's FY2024 sales forecast of $11.6B-$11.8B is slightly below the consensus estimate of $11.807B, which may lead to a cautious market reaction.
Chewy's sales forecast is slightly below the consensus, which could lead to a negative short-term impact on the stock price as investors may perceive this as a sign of potential underperformance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100