Chewy’s Return On Capital Employed Overview
Benzinga Pro data, Chewy (NYSE:CHWY) reported Q3 sales of $2.21 billion. Earnings fell to a loss of $32.24 million, resulting in a 93.22% decrease from last quarter.
Morgan Stanley Maintains Equal-Weight on Chewy, Lowers Price Target to $74
Morgan Stanley analyst Lauren Schenk maintains Chewy (NYSE:CHWY) with a Equal-Weight and lowers the price target from $81 to $74.
18 Stocks Moving in Friday’s Pre-Market Session
Gainers
Context Therapeutics Inc. (NASDAQ: CNTX) rose 48.6% to $9.30 in pre-market trading as the company announced data from ONA-XR in early breast cancer. The company said ONA-XR decreased proliferation in tumors with high PR+ at baseline in early breast cancer.
Wells Fargo Maintains Overweight on Chewy, Lowers Price Target to $90
Wells Fargo analyst Brian Fitzgerald maintains Chewy (NYSE:CHWY) with a Overweight and lowers the price target from $110 to $90.
Why Chewy Shares Are Falling
Chewy Inc (NYSE: CHWY) shares are trading lower after the company reported third-quarter earnings results. The company reported quarterly sales of $2.21 billion which met the analyst consensus estimate.
Recap: Chewy Q3 Earnings
Chewy (NYSE:CHWY) reported its Q3 earnings results on Thursday, December 9, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.
12 Consumer Discretionary Stocks Moving In Thursday’s After-Market Session
Gainers
Esports Entertainment (NASDAQ:GMBL) shares rose 9.53% to $5.4 during Thursday's after-market session. The company's market cap stands at $120.9 million.