4 Retail Stocks to Buy as Consumer Confidence Continues to Rise [Yahoo! Finance]
Chewy, Inc. Class A (CHWY)
Last chewy, inc. class a earnings: 12/9 04:15 pm
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Source: Yahoo! Finance
Retail stocks may gain as US consumer confidence has grown for the past two months, hitting an 18-month high. Register now to see our 7 Best Stocks for the Next 30 Days report - free today! U.S. consumer confidence — a key determinant of the economy's health — improved in back-to-back months. According to the Conference Board, the Consumer Confidence Index surged to 111.7 in November 2024, following an upwardly revised reading of 109.6 in October. This uptick in confidence reflects growing consumer optimism about a decline in inflation and more robust hiring. The improvement in consumer sentiment is an encouraging sign for retailers — Sprouts Farmers Market, Inc. SFM, Deckers Outdoor Corporation DECK, Chewy, Inc. CHWY and Torrid Holdings Inc. CURV — who are poised to benefit from increased consumer spending activity. These companies are well-positioned to capitalize on the growing optimism that is likely to trigger higher demand. Consumer confidence has now reached a 16-month
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CHWY
News
- Chewy, Inc. (NYSE: CHWY) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $37.00 price target on the stock.MarketBeat
- Pet Care E-Commerce Industry Forecast, 2029: AI-Powered Recommendations and Subscription Services Propel Customer Loyalty in Pet Care E-Commerce [Yahoo! Finance]Yahoo! Finance
- Chewy, Inc. Announces Pricing of Offering of Class A Common Stock by Selling Stockholder and Concurrent RepurchaseBusiness Wire
- Chewy, Inc. Announces Public Offering of Class A Common Stock by Selling Stockholder and Concurrent Share RepurchaseBusiness Wire
- Chewy, Inc. (NYSE: CHWY) had its price target raised by analysts at JPMorgan Chase & Co. from $37.00 to $38.00. They now have an "overweight" rating on the stock.MarketBeat
CHWY
Earnings
- 12/4/24 - Beat
CHWY
Sec Filings
- 12/26/24 - Form 144
- 12/26/24 - Form 4
- 12/26/24 - Form 144
- CHWY's page on the SEC website