Chewy (NYSE: CHWY) has fallen 84% from its pandemic peak, but the business is doing better than ever. Operations are now profitable and customers are spending more on Chewy than ever.
In this video, Travis Hoium covers some of Chewy’s challenges and why this could be a great recovery stock long term.
*Stock prices used were end-of-day prices of Jan. 12, 2024. The video was published on Jan. 13, 2024.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Chewy. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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