Chewy stock skyrockets 14% after profit, sales top Wall Street views


Shares of Chewy Inc. jumped about 14% in the aftermarket Wednesday after the specialty retailer reported profit and sales above Wall Street expectations, saying that quarterly earnings benefited from ongoing customer loyalty, and announced that it was expanding operations to Canada.

An eventual international expansion was part of Chewy’s roadmap, and now is a good time, the company said in a letter to shareholders.



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