Chewy rises after upbeat Q3 sales forecast, robust Q2 earnings
09/09/2026 13:10
BUZZ-Chewy rises after upbeat Q3 sales forecast, robust Q2 earnings ** Shares of online pet retailer Chewy CHWY.N rise 1.9% to $23.7 premarket
** Sees Q3 net sales in the range of $3.32 bln to $3.36 bln, the midpoint of which is above analysts' estimates of $3.33 bln - data compiled by LSEG
** Posts Q2 adj. EPS of 36 cents and Q2 revenue of $3.33 bln, both beating estimates
** Co says Q2 results driven by customer growth
** 22 of 29 brokerages rate the stock "buy" or higher, and seven "hold"; median PT is $31 - data compiled by LSEG
** As of last close, stock down 29.6% YTD
(Reporting by Anand Gopal in Bengaluru)