Chewy falls as sales outlook, earnings ignite post-pandemic worries


NEW YORK: Chewy Inc’s sales expectations for 2021 failed to excite investors, as the company navigates consumer trends amid the Covid-19 pandemic.

The company maintained its year revenue outlook for US$8.9bil to US$9bil (RM36.9bil to RM37.4bil), citing uncertainty related to the pandemic, while Wall Street had estimated US$9bil (RM37.4bil).

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