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Top related persons:
Sumit Singh - 2 Sumit Singh Sumit Singh - 2 Chewy - 1 Roth - 1 Ryan Cohen - 1 Vansh Agarwal - 1 Shweta Agarwal - 1
Top related locs:
Canada U.S Bengaluru
Top related orgs:
Chewy Inc - 1 Thomson - 1

Search resuls for: "Sumit Singh"


7 mentions found


☆ Chewy CEO on new technology in new veterinarian clinic care clinics
  + stars: | 2024-04-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChewy CEO on new technology in new veterinarian clinic care clinicsChewy CEO Sumit Singh joins 'Money Movers' to discuss the launch of Chewy's first veterinarian clinic, how it'll help Chewy's finances, and much more.
Persons: Sumit Singh
☆ The consumer is slightly more discerning coming out of Q2, says Chewy CEO Sumit Singh
  + stars: | 2023-08-30 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe consumer is slightly more discerning coming out of Q2, says Chewy CEO Sumit SinghSumit Singh, Chewy CEO, joins 'Closing Bell Overtime' to talk Chewy's quarterly earnings, the state of the consumer and more.
Persons: Sumit Singh Sumit Singh
☆ Online pet goods retailer Chewy surges on sales forecast lift, Canada foray plans
  + stars: | 2023-06-01 | by ( ) www.reuters.com   time to read: +2 min
June 1 (Reuters) - Shares of Chewy Inc (CHWY.N) rose nearly 20% in premarket trading on Thursday after the online pet supplies retailer raised its annual revenue forecast and said it would enter the Canadian market. The company posted a surprise profit for the first quarter as its sales benefited from strong customer loyalty, prompting at least two brokerages to raise their price target. "Canadian marketplace represents upwards of $15 billion in annual pet sales and is ~10% points underpenetrated online vs. the U.S.," said Roth MKM in a note. The company now expects its full-year revenue between $11.15 billion and $11.35 billion, compared with its prior forecast range of $11.10 billion to $11.30 billion. Excluding items, the company posted net income per share of $0.20 for the first quarter, compared with analysts' expectations of a loss of $0.04 per share.
Persons: Chewy, Roth, Ryan Cohen, Sumit Singh, Vansh Agarwal, Shweta Agarwal Organizations: Chewy Inc, Thomson Locations: Canada, U.S, Bengaluru
☆ We're seeing tremendous consumer resilience in the pet sector, says Chewy CEO Sumit Singh
  + stars: | 2023-05-31 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing tremendous consumer resilience in the pet sector, says Chewy CEO Sumit SinghSumit Singh, Chewy CEO, joins 'Closing Bell Overtime' to discuss the company's Q1 results, the resulting stock reaction, and its move into pet healthcare.
Persons: Sumit Singh Sumit Singh
☆ Chewy and Petco earnings make it clear: Pet health care is their future
  + stars: | 2023-03-23 | by ( Gabrielle Fonrouge | ) www.cnbc.com   time to read: +5 min
The retailers, which both released their quarterly earnings on Wednesday, began investing heavily into pet health when the pandemic-fueled pet boom saw 23 million American households welcome a new animal into their homes. The boom turned the overall pet market into a $123.6 billion dollar powerhouse in 2021, and it's expected to grow. Pet health care – and the high margins that come with it – is a crucial component to that overall market. It changed its name to Petco Health and Wellness Company in 2020. Pet adoptions surged during the pandemic, triggering a surge in demand for pet goods.
☆ Chewy's push into pet telehealth runs into regulatory hurdles, skeptical veterinarians
  + stars: | 2023-01-24 | by ( Gabrielle Fonrouge | ) www.cnbc.com   time to read: +10 min
Longtime veterinarians told CNBC the service can have some benefit for minor situations, or for people who don't have easy access to vet care. Because when you research pet health, you'll find that there's a specific term called VCPR," Singh said. Banfield Pet Hospital is owned by Mars Veterinary Health, a subsidiary of pet food and candy conglomerate Mars. "If you notice, there has been little to no innovation in pet health over the last decade, and yet in the last three years, there's been more innovation in pet health than in the last decade or 20 years," Singh said. Michael Nagle | Getty ImagesChewy said the program was created to make vet care more affordable and accessible to everyone.
☆ How getting dog food delivered to your door explains the inefficient, sometimes absurd, extremely convenient way online orders are shipped
  + stars: | 2022-10-19 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +9 min
Industry analysts predict that the amount of dog food ordered online will surpass what's bought in stores by 2025, a shift accelerated drastically by the coronavirus pandemic. Of course, it's not just dog food increasingly being bought online. Even with all those extra vehicles, it's tough to compare the emissions generated by online orders with those of in-store shopping. The mess of overlapping networks that bring our dog food to our doorsteps is always evolving in search of greater efficiency. The mess of overlapping networks that bring our dog food to our doorsteps is always evolving in search of greater efficiency.
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