NYSE:CHWYSpecialty Retail
Chewy (CHWY): Evaluating Valuation After Chewy+ Membership Price Hike and Upbeat Analyst Upgrades
Chewy (CHWY) is making headlines after announcing a price increase for its Chewy+ membership by moving the annual fee from $49 to $79. Management signals strong confidence in its subscription model and future revenue potential with this move.
See our latest analysis for Chewy.
Chewy’s latest move to boost its Chewy+ membership fee comes as the stock trades at $33.7, with some bumpy trading. The stock is down 11.9% over the last month but has posted a solid 9.9% total shareholder return in the...