Chewy, the online retailer of pet supplies, has shown strong earnings growth and increased revenue streams. The company has seen its shares rise by over 21% this year, outperforming the S&P 500. Chewy has been able to increase revenue and net income while maintaining a healthy financial position, with $616 million in cash and no debt. In the fiscal 2025 first quarter, sales increased by 8% to $3.1 billion, and adjusted EBITDA rose by $192 million. The company’s relationship with customers and strategic moves, like offering sponsored ads, have contributed to its success. Despite higher stock prices, Chewy’s long-term prospects make it a reasonable investment.
Read more at Yahoo Finance: Chewy Stock Keeps Beating the Stock Market. Time to Buy?
