Chewy Shares Surge On Wednesday: What You Need To Know
Chewy, Inc. (NYSE: CHWY) shares are trading higher in response to Petco Health and Wellness Inc's (NASDAQ: WOOF) second-quarter financial results. Petco's earnings report, which showed quarterly sales of $1.52 billion, met analyst estimates, although the company missed its earnings target with losses of nine cents per share compared to the expected two cents.