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Why Chewy Stock Skyrocketed Today

Why Chewy Stock Skyrocketed Today

As of 10:15 a.m. ET, Chewy stock was up an impressive 24%. Starting with the top line, Chewy had net sales of $2.78 billion in its fiscal first quarter of 2023, ended in April. The quarter fared better than management expected, considering its guidance called for net sales of $2.74 billion, at best.