Takeaways From Chewy (CHWY) Earnings / RH Inc. (RH) Stock Surges

Chewy (CHWY) is expanding from just pet supplies into healthcare for pets, says Seth Basham, Managing Director of Equity Research at Wedbush Securities. He discusses the takeaways from the Chewy earnings report, and while there are some concerns, Chewy is still above expectations and the fastest growing area within pet food. Wedbush Securities has it at an outperform rating with a $100 price target. Basham also touches on RH Inc. (RH) as its stock surged after their earnings report. Tune in to find out more.

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10 Jun 2021

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Takeaways From Chewy (CHWY) Earnings / RH Inc. (RH) Stock Surges

Chewy (CHWY) is expanding from just pet supplies into healthcare for pets, says Seth Basham, Managing Director of Equity Research at Wedbush Securities. He discusses the takeaways from the Chewy earnings report, and while there are some concerns, Chewy is still above expectations and the fastest growing area within pet food. Wedbush Securities has it at an outperform rating with a $100 price target. Basham also touches on RH Inc. (RH) as its stock surged after their earnings report. Tune in to find out more.

Market On Close

10 Jun 2021