Chewy, Inc. (CHWY) fell 9.27 percent to $41.54 on Wednesday after reporting a decline in first-quarter net income despite higher sales. The pet products retailer posted net sales of $3.12 billion for the quarter ended May 4, 2025, up from $2.88 billion a year ago. However, net income dipped to $62.4 million from $66.9 million. The stock opened at $41.65 and fluctuated between $40.08 and $42.10 during the session on the New York Stock Exchange. Trading volume spiked to over 11.1 million shares, compared to the average of 6.3 million.
Chewy's 52-week range is between $19.75 and $48.62.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.