NewsNovo

Chewy shares drop 10.3% since Q2 earnings report

10/10/2026

Chewy (CHWY) shares have declined approximately 10.3% in the month following the company's latest earnings report, underperforming the S&P 500.

The drop raises questions about whether the recent negative trend will persist or if the stock is positioned for a rebound before the next earnings release.

In its second-quarter fiscal 2026 report, Chewy delivered adjusted earnings of 36 cents per share, a 9.1% year-over-year increase that met the Zacks Consensus Estimate.

Net sales rose 7.3% to $3,330.2 million, slightly exceeding the consensus mark of $3,322 million.