Chewy Surges to 283rd in Trading Volume with $309 Million Day

On March 25, 2025, Chewy (CHWY) experienced a significant trading day with a volume of $309 million, marking a 52.37% increase from the previous day. This surge placed Chewy at the 283rd position in terms of trading volume for the day. However, the stock closed with a 1.21% decline.

Chewy is scheduled to release its fourth-quarter earnings results for 2024 on March 26, 2025. This announcement is highly anticipated as it will provide insights into the company's financial performance and future outlook.

Investors are optimistic about Chewy's prospects, citing the strong emotional bond between Americans and their pets. This bond has driven consistent spending on pet care, even amidst economic challenges. The company's stock has more than doubled over the past 52 weeks, reflecting this underlying trend.

Analysts expect Chewy to maintain steady growth over the next two years. For fiscal year 2025, revenue is projected to reach $11.81 billion, a nearly 6% increase from the previous year. For fiscal year 2026, revenue is anticipated to grow to $12.4 billion, marking a nearly 5% increase from the projected 2025 sales.

Despite trading at a premium, Chewy's valuation is considered justified given its strong fundamentals and growth prospects. The company's unusual options activity, particularly the sale of put options, suggests that sophisticated investors are confident in the stock's future performance.