Chewy, Inc. (NYSE:CHWY) is one of the stocks Jim Cramer weighed in on. Cramer discussed the company’s earnings and analyst upgrades following it, as he said: “What on earth happened this quarter that crushed the stock but simultaneously made two analysts feel confident enough to upgrade it? Okay, at first glance, this was a very good quarter… I don’t think the higher SG&A expenses were the real problem. In the end, this was about expectations. Most of Chewy’s numbers came in higher than the consensus anal ...

核心观点 - 尽管股价自2024年以来已翻倍 Chewy仍是值得持有的股票 主要因其利润率持续提升潜力巨大[1][7] - 公司专注于多个高利润率增长领域 盈利能力有望持续改善[1][2] - 当前29倍前瞻市盈率的估值合理 且随着盈利提升可能快速超越当前定价水平[7][10] 盈利能力提升驱动因素 - Autoship订阅计划占总销售额83% 提供可预测的稳定收入基础并具备进一步优化空间[3] - 广告业务是高利润率的重要驱动力 管理层预计其未来将贡献总收入的1%-3%[9] - 自有品牌Get Real高端狗粮采用溢价定价策略 作为私标商品提供更高利润率 并与Autoship订阅形成协同效应[8] 新业务拓展 - Chewy Vet Care诊所计划在年底前达到20家 既提供实体存在感又获得兽医诊所通常具备的更高利润率[5] - Chewy+年度会员计划定价49美元 提供免费配送和5%购物奖励 6月已贡献3%销售额 有望产生可观的高边际效益会员费收入[10] 财务表现 - 过去两年实现持续盈利和现金流生成 目前录得2%净利润率和4%自由现金流利润率（若包含股权激励则为1.2%）[2]

Key Takeaways Chewy's Autoship sales grew 14.9% to $2.58B, now 83% of total net sales, a record high for the firm.Recurring orders improved demand forecasting and fulfillment efficiency, and boosted gross margin to 30.4%.Autoship growth, Chewy adoption and new offerings support 2025 net sales target of $12.5-$12.6B.Chewy, Inc.’s (CHWY) second-quarter fiscal 2025 results highlight the exceptional momentum in the Autoship subscription program. Autoship customer sales increased 14.9% year over year to $2,576.9 ...

After popular pet products supplier Chewy (CHWY) reported its second-quarter results for fiscal 2025 on Sept. 10, CHWY stock declined more than 16% intraday, as investors were expecting more growth from the company. The stock has received attention from retail investors, which makes it somewhat volatile. However, with significant market prospects, should you consider investing in Chewy stock’s dip? More News from Barchart About Chewy Stock Based in Plantation, Florida, Chewy is a top online destination ...

Key Points Chewy shares sank after earnings, as investors didn't like the higher expenses the company had in the quarter. The company, however, saw strong revenue growth and improving margins. The stock looks attractively valued compared to retail peers. 10 stocks we like better than Chewy › Share prices of Chewy (NYSE: CHWY) plunged after earnings came out last week, despite sales that topped analyst expectations and the company raising its full-year revenue outlook. While some media outlets and ...

We recently published 8 Stocks on Jim Cramer’s Radar. Chewy, Inc. (NYSE:CHWY) is one of the stocks Jim Cramer recently discussed. Chewy, Inc. (NYSE:CHWY) is a well-known pet products company. Its shares have gained 7.8% year-to-date, and Cramer discussed the firm on the day the stock closed 16.6% lower. As per media reports, Chewy, Inc. (NYSE:CHWY)’s shares fell after the firm’s latest earnings report. The result saw the company report $3.1 billion in revenue and $141 million in net income. Cramer’s previ ...

纳斯达克指数表现 - 纳斯达克指数上涨197点或0.90%至22339点 盘中高点触及22340.91点 [1] - 特斯拉领涨6.45% 因Elon Musk购买约10亿美元公司股票 [1][3] 标普指数表现 - 标普指数上涨31点或0.47%至6614.69点 盘中高点触及6619.62点 [1] - 指数有望创下收盘新纪录 [1] 道琼斯指数表现 - 道琼斯工业平均指数下跌48点或0.11%至45787.66点 [2] - 安进、麦当劳、宣伟和3M公司拖累道指30成分股表现 [2] 罗素指数表现 - 小盘股罗素2000指数上涨7.69点或0.32%至2404.73点 [2] 个股表现亮点 - Chewy上涨5.42% 因在线宠物用品需求增长预期乐观 [3] - ASML ADR上涨5.37% 受益于半导体行业强劲势头和芯片设备需求旺盛 [3] - 西部数据上涨5.24% 因内存芯片复苏前景改善 [3] - Roblox上涨4.55% 因游戏和元宇宙参与度持续增长预期 [3] - Tapestry上涨4.34% 受益于强劲的非必需消费品资金流和奢侈品零售乐观情绪 [3] - 英特尔上涨4.05% 受芯片行业走强和AI相关顺风推动 [3] - 字母A类股上涨3.65% 因广告收入稳步增长和AI发展前景 [3] - 甲骨文上涨3.28% 因对其云服务和AI驱动企业服务的乐观情绪 [3] - GameStop上涨3.07% 因零售投资者对 meme 股兴趣持续高涨 [3] - Snowflake上涨2.76% 因对数据和AI相关需求信心持续 [3] - Snap上涨2.66% 因广告业务情绪改善 [3] - Stellantis NV上涨2.64% 因全球汽车需求和电动汽车前景提供支撑 [3] - CrowdStrike Holdings上涨2.31% 因网络安全行业势头强劲 [3]

财务表现 - 第二季度净销售额达到31亿美元 同比增长86% [2] - 毛利率提升90个基点至304% [2] - 调整后净利润同比增长3640万美元至141亿美元 [2] - 调整后每股收益034美元 同比增加010美元 [2] 运营指标 - 活跃客户数量同比增长45%至近2100万 [3] - 单客户消费金额(NSPAC)增长至591美元 [3] - 业绩表现达到指引区间高端水平 [1] 业务模式 - 专注于在线宠物用品电商平台 [4] - 产品涵盖宠物食品 玩具及医疗保健用品 [4] - 提供药房 保险和远程兽医咨询等增值服务 [4] 市场评价 - 被Steve Cohen列为最佳防御型股票之一 [1] - 公司差异化价值主张持续获得市场认可 [3]

财务表现 - 在线宠物商店Chewy报告第二财季业绩稳健[1] - 尽管客户增长强劲 但公司股价在周三下跌超过16%[1] 市场反应 - 电子商务公司股价出现超过16%的下跌[1] - 股价调整主要发生在周三交易日[1] 业务运营 - 公司实现强劲的客户增长表现[1] - 业务模式为在线宠物用品电子商务[1]

核心观点 - Chewy Inc 股票在强劲的第二季度业绩后出现下跌 但基于自由现金流分析显示公司价值被低估至少15%-16% [1][3] 财务表现 - 第二季度收入同比增长8.6% 调整后净利润增长34.8%至1.411亿美元 [4] - 自由现金流从去年同期的9150万美元增长15.7%至1.059亿美元 [4] - 自由现金流利润率从去年同期的3.20%提升至3.41% [5] - 过去12个月自由现金流利润率达到3.75% [6] 估值分析 - 当前股价35.13美元较9月5日高点42.33美元出现显著下跌 [1] - 基于自由现金流分析显示每股合理价值至少为40.68美元 [3] - 未来12个月预期销售额130.7亿美元 应用3.75%自由现金流利润率可产生4.9015亿美元自由现金流 [7] - 预期自由现金流较当前运行速率4.236亿美元(1.059亿美元×4)潜在增长15.7% [7] 行业前景 - 线上宠物食品及用品销售保持增长态势 公司展现运营效率提升 [4][5] - 自由现金流增长幅度(15.7%)显著高于净销售额增幅(8.6%) 显示经营杠杆效应 [4]