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Is Chewy's Business Finally Stabilizing After the Post-Pandemic Slump

7 months ago

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Chewy's Vet Care Posts Triple-Digit Growth as Clinic Scale Builds

Chewy's Vet Care business posted triple-digit growth, driven by strong clinic economics, customer satisfaction, and retention that support its health expansion.

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Chewy shares fell 11% after its latest earnings report, as the once-strong growth story appears to be weakening.

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Chewy was upgraded to Buy from Hold after a 40% stock decline and multiple compression, as fundamentals improved with consistent growth in a high-growth pet market.

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Is Chewy's Business Finally Stabilizing After the Post-Pandemic Slump

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