Sunday, January 29, 2023
Homespecialty retailChewy shares tumble after pet retailer's earnings and forecast disappoint

Chewy shares tumble after pet retailer’s earnings and forecast disappoint

  • Chewy sank in extended trading Wednesday, trading down more than 11% at one point.
  • The online pet retailer's second-quarter results and third-quarter outlook fell short of Wall Street forecasts.
  • Chewy CEO Sumit Singh told CNBC he remains "really bullish" about the business even as some Covid tailwinds fade.

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