1447 ET - Strong 4Q trends may result in overly optimistic expectations surrounding Chewy's recent quarter, Morgan Stanley analysts say in a research note, with the online pet-supplies retailer set to report next week. All eyes will be on the company's 2025 outlook, they add, noting that Chewy historically issues a conservative initial outlook. If that's the case, "we may look to treat an expectations-led selloff on earnings as a buying opportunity," the analysts write. Their optimism is in part due to pets being a resilient market--one which they say could grow this year if macroeconomic trends stabilize. The analysts also expect Chewy to beat-and-raise its initial 2025 outlook throughout the year. (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 17, 2025 14:47 ET (18:47 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。