Earnings Results: Chewy stock skyrockets 15% after profit, sales top Wall Street views

Shares of Chewy Inc. jumped more than 15% 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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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…

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