What Investors Missed in Chewy's Q4 Report
Investors weren't thrilled with the latest earnings report from Chewy (NYSE: CHWY). The stock dove immediately following the fourth-quarter announcement, covering the selling period through late January as sales and earnings missed expectations.
Chewy's executive team said the shortfall was driven by demand and supply-chain pressures for pet supplies that should ease over the next few quarters. But fiscal 2022 will still reflect progress toward management's ambitious sales and profitability goals.
Let's take a closer look.
Source Fool.com
