Chewy Stock Slumps Even After Earnings Beat. Here’s What We Know.
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The company reported adjusted earnings of 35 cents a share on $3.12 billion in net sales, surpassing Wall Street’s call for profit of 33 cents a share and sales of $3.08 billion. The company held its current fiscal-year guidance steady, projecting sales of $12.3 billion to $12.45 billion.