JUMP REPORT
CHEWY, INC (CHWY)
EARNINGS RELEASE - SEPTEMBER 10 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.16/share REV: 1,690/M
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NEXT QTR: EPS: -.12/share REV: 1,700/M
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FULL YR: EPS: -.46/share REV: 6,850/M
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LAST QTR: EPS: -.16/share ACTUAL: -.12/share (BEAT)
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BEAT/MISS RECORD: 0% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -5.78, 9.35, 7.91
EXPECTED JUMP MOVE THIS QUARTER: 8-10+%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Costco Wholesale (NASDAQ: COST) has steadily grown revenue and profit over time, even through difficult market environments. One thing I like a lot about Costco is that its main profit driver is one you can count on, and it’s high margin. With renewal rates above 92% in the U.S. and Canada, it’s clear shoppers are sticking with Costco year after year.
Whether it be online shopping or social media, the secular forces propelling consumer internet businesses are marching along with little hesitation. These paradigm shifts are not only fostering new habits but also unlocking the next leg of growth for the industry, which has gained 25.6% over the past six months while outpacing the S&P 500 by 15.5 percentage points.
Chewy (CHWY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
Chewy has had an impressive run over the past six months as its shares have beaten the S&P 500 by 16.8%. The stock now trades at $31.75, marking a 24.5% gain. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Chewy is well-positioned to capitalize on favorable dynamics and internal initiatives. However, rising costs and increased competition remain concerns.
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Avg Daily Volume: 4,074,368 Market Cap: 22.97B
Sector: None Short Interest: 28.21
Ticker delayed 20 minutes
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