Chewy is trading now at $20.91 (-10.12%) after its September 9, 2026 earnings release delivered revenue slightly above expectations but adjusted EPS matched consensus.
- Revenue reached $3.33 billion versus approximately $3.32 billion expected; active customers rose 3.8% to 21.7 million.
- Sales grew 7.3%, while adjusted EBITDA margins were stronger than expected; guidance offered limited upside amid cautious pet-market demand.
- Consumer-discretionary stocks weakened amid oil-driven inflation concerns and risk-off sentiment as oil surpassed $100.