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Chewy Falls Premarket On Labor, Supply Chain Worries By Investing.com

Chewy Falls Premarket On Labor, Supply Chain Worries By Investing.com

By Dhirendra Tripathi Investing.com – Chewy (NYSE:CHWY) stock fell in Friday’s premarket trading as concerns over labor shortages, higher wages eating into margins and supply chain challenges outweighed the company’s swing back to profit. In his letter to shareholder, Chewy CEO Sumit Singh said the company raised wages and invested in short-term...

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Chewy Chewy Falls Dhirendra Tripathi NYSE Singh Sumit Singh

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