Chewy (NYSE: CHWY) stock found itself in the doghouse on Thursday. Shares fell 6% through early afternoon trading, compared to a modest uptick in the S 500. That move contributed to a rough year for owners of the pet supply retailer, which is down over 50% in the past 12 months.

Thursday's slump was sparked by some discouraging news on the earnings front .

Chewy executives reported Q4 operating results before the market opened, and Wall Street wasn't thrilled with the details. While the e-commerce specialist boosted sales and improved its profit margin, both metrics were sluggish. Looking deeper into the results reveals some caution signs for the future.

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Source Fool.com