Chewy Pops 5% After Goldman Sachs Points to Strong Growth Trends and Improved Margins

Seekingalpha2023-07-17

Chewy broke higher in early trading on Monday after Goldman Sachs upgraded the online retailer to a Buy rating from its prior rating stance of Neutral. The firm said it sees a more positive risk vs. ...

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The firm said it sees a more positive risk vs. ...</p>\n\n<a href=\"https://seekingalpha.com/news/3987965-chewy-pops-after-goldman-sachs-points-to-strong-growth-trends-and-improved-margins\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chewy Pops 5% After Goldman Sachs Points to Strong Growth Trends and Improved Margins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChewy Pops 5% After Goldman Sachs Points to Strong Growth Trends and Improved Margins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-17 20:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3987965-chewy-pops-after-goldman-sachs-points-to-strong-growth-trends-and-improved-margins><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chewy broke higher in early trading on Monday after Goldman Sachs upgraded the online retailer to a Buy rating from its prior rating stance of Neutral. The firm said it sees a more positive risk vs. ...</p>\n\n<a href=\"https://seekingalpha.com/news/3987965-chewy-pops-after-goldman-sachs-points-to-strong-growth-trends-and-improved-margins\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHWY","symbol_name":"Chewy, Inc.","start_time":0,"source_url":"https://seekingalpha.com/news/3987965-chewy-pops-after-goldman-sachs-points-to-strong-growth-trends-and-improved-margins","article_id":"1163956280","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1163956280","pubTimestamp":1689598238,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"$Chewy(CHWY)$ broke higher in early trading on Monday after Goldman Sachs upgraded the online retailer to a Buy rating from its prior rating stance of Neutral. The firm said it sees a more positive ri","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CHWY":"Chewy, Inc."},"translate_title":"高盛指出强劲增长趋势和利润率提高后，Chewy股价上涨5%","themeId":"3e24a06b134544b39ea5a7e60150983f","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHWY":1.1},"content_text":"Chewy broke higher in early trading on Monday after Goldman Sachs upgraded the online retailer to a Buy rating from its prior rating stance of Neutral. The firm said it sees a more positive risk vs. reward skew for Chewy current levels.Analyst Eric Sheridan and team said they are increasingly positive on Chewy's ability to maintain +10%+ topline growth from 2023-2027 driven by a return to more stable customer growth as Chewy laps pandemic-related headwinds and rising revenue cohort trends reflecting pandemic cohorts maturing. Upside optionality on CHWY is also seen in the form of the company's various strategic initiatives like international expansion, sponsored ads, insurance, etc.\"In addition, we see the potential for steady margin expansion over the next 5 years as Chewy scales it private label and healthcare segments at high margins (likely driving gross margin above its long-term target of 25-28%) and as Chewy continues to execute on its supply chain transformation and automating its fulfillment centers. 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