Chewy's 4Q Report Is Encouraging, JPMorgan Says -- Market Talk
Dow Jones03-25 21:36
9:36 ET -- Chewy continues to execute well, JPMorgan analysts say in a research note. They cite solid active customer trends, market share gains, increasing sales and margin expansion as reasons to be encouraged by the company's F4Q release. During the recent quarter, the online pet-supplies retailer logged better-than-expected sales and adjusted Ebitda. And looking ahead, Chewy's outlook for the coming year topped Wall Street forecasts. "We expect shares to respond favorably to Chewy's better-than-expected outlook for 8%-9% revenue growth," the analysts write. Shares climb 11% premarket. (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 09:36 ET (13:36 GMT)
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