7 12, 2023

Chewy Misses on Revenue, Surprises on Earnings: 3 Things Investors Need to Know as the Stock Falls

By |2023-12-07T19:46:44+00:00December 7th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , |

Chewy (CHWY) fell more than 11% this morning after the online pet supply store delivered third-quarter earnings with a mixed bag of results. While revenue lagged, an earnings beat was a positive surprise. The company reported revenue of $2.74 billion, a slight improvement year over year compared to the $2.53 billion reported in 2022. [...]

29 11, 2023

Petco Plummets After 3rd Quarter Loss and Dreary Outlook: 3 Reasons It’s Time to Sell WOOF

By |2023-12-07T19:47:20+00:00November 29th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , |

Petco Health & Wellness Co. (WOOF) is down more than 25% in Wednesday morning trading after delivering 3rd quarter earnings that featured a surprise loss. The pet supply store reported total sales of $1.49 billion, which came in just below the consensus of $1.51 billion. This was also a 0.5% drop year over year, [...]

29 08, 2023

Best Buy Appears to Be Struggling Despite an Earnings Beat: Time to Buy or Sell This Stock?

By |2023-08-29T19:19:47+00:00August 29th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , , |

Best Buy (BBY) reported second-quarter earnings early this Tuesday morning that topped the analysis consensus. And yet, the key takeaway from the earnings call is that the electronics retailer is struggling beneath the surface. After the company strategically set low expectations for this quarter way back in May, the consensus remained low - setting [...]

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