#1
#1 out of 1
business5h ago
Key facts: Chewy cost pressure; $13.7B forecast; shares down 9.1%
- Chewy reports cost pressures from higher grocery, fuel costs and shipping disruptions impacting consumers.
- Chewy forecasts FY2026 sales near $13.7 billion with a ~6.7% EBITDA margin.
- Investors pushed Chewy shares down about 9.1% to $19.66 after the update.
- The market is weighing Chewy’s new forecast against a challenging year-to-date performance.
- Chewy emphasizes that a large portion of revenue comes from food and medications.
- CEO Sumit Singh attributes consumer pressure to rising costs, affecting purchasing patterns.
- Chewy projects roughly $750 million in free cash flow for the forecast period.
- The forecast assumes a mid-single-digit EBITDA margin in 2026.
- TradingView reports Chewy’s 2026 guidance amid broader market tides and consumer demand shifts.
- Chewy’s shares trended lower during 2026, reflecting investor concern about future margins.
Vote 0