3 Reasons Why Chewy Stock Is Out of Favor With the Market - NewsBreak

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By Ulises in Business
Updated 3 years ago

Rising costs for labor and advertising could hurt profits in the near term. Reopening economies could cause customers to spend their money at brick-and-mortar stores. Out-of-stock levels remain high, leading to lost sales and potentially lost customers for Chewy. Chewy (NYSE:CHWY), a one-time market darling, is falling out of favor...

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