1422 ET - The recent decline in Chewy's stock price represents a good buying opportunity, Baird analysts say in a research note. The online pet-supplies company is well positioned to grow its top line and expand its margins in 2025, as the industry backdrop continues to normalize and the company leans further into marketing, the analysts write. They also say that pets are a resilient industry, and Chewy has strong recurring revenue streams and less exposure to tariffs than most retailers. The company, scheduled to report its 4Q results next week, remains a Baird "2025 best idea," the analysts add. Chewy is up 92% in the past 12 months. (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 17, 2025 14:22 ET (18:22 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。