
Chewy's Q3 Earnings: Mixed Results and Stock Drop
Chewy is expected to report growth in both sales and earnings for the third quarter of fiscal 2023, driven by its e-commerce channels, product assortments, and innovation efforts. The company has been making technology upgrades to its website and online platforms to drive online sales, while higher product demand and customer engagement have contributed to its results. However, Chewy's performance may have been impacted by a tough macroeconomic environment and inflationary pressures. The company's earnings beat is uncertain according to the Zacks model.





