Chewy (CHWY +1.07%) is a company your pets surely like, as it sells everything from their favorite foods to toys and other supplies. But investors haven't liked this e-commerce stock much lately, as it's dropped nearly 30% this year. There isn't one major reason for this, as Chewy has successfully grown its business in recent years and, thanks to a metric I'll talk about in a minute, offers invest...
Chewy (CHWY +1.07%) is a company your pets surely like, as it sells everything from their favorite foods to toys and other supplies. But investors haven't liked this e-commerce stock much lately, as it's dropped nearly 30% this year. There isn't one major reason for this, as Chewy has successfully grown its business in recent years and, thanks to a metric I'll talk about in a minute, offers investors a clear view of revenue to come -- and things are looking positive. Sometimes a stock declines because investors are interested in other opportunities at a given moment -- and it isn't a reflection of the stock's prospects. I think this is what we're seeing with Chewy. Does all of this mean that Chewy may represent a once-in-a-lifetime buying opportunity right now? Let's find out. Chewy's big milestone Chewy has delivered revenue growth in recent years and reached the major milestone of profitability. Initially, the company stuck to the area of e-commerce uniquely in the U.S. But it has expanded the e-commerce business into Canada and, in the U.S., has added veterinary clinics to its repertoire. The vet clinics business is a fantastic idea because it diversifies the revenue stream and, at the same time, offers Chewy the opportunity to bring new customers to its e-commerce business. The clinics are a great way to introduce Chewy to pet parents who haven't yet discovered or tried the e-commerce site. The power of Autoship Now, here's what I like most about Chewy: More than 80% of the company's total sales come from recurring customers. We know this because the Autoship service makes up that percentage of revenue -- Autoship automatically sends your favorite products to you on a schedule you determine. The idea that regular customers are driving sales is fantastic because it offers us visibility on sales in the coming quarters. It also shows us that customers like Chewy enough to keep coming back. Expand NYSE : CHWY Chewy Today's Change ( 1.07 %) $ 0.25 Current Price $ 23....
tiero Vertiv ( VRT ) to acquire ThermoKey S.p.A., which provides heat rejection and heat-exchange technologies with long-standing relationships across original equipment manufacturers (OEMs) and system integrators, the company said on Monday. The deal is part of Vertiv's continued investment in advanced cooling solutions to support high-density AI data centers. Upon closing, the acquisition is exp...
tiero Vertiv ( VRT ) to acquire ThermoKey S.p.A., which provides heat rejection and heat-exchange technologies with long-standing relationships across original equipment manufacturers (OEMs) and system integrators, the company said on Monday. The deal is part of Vertiv's continued investment in advanced cooling solutions to support high-density AI data centers. Upon closing, the acquisition is expected to expand Vertiv's ( VRT ) thermal management portfolio and manufacturing capabilities, particularly in EMEA. The deal is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to close in the second quarter of 2026. More on Vertiv Vertiv Holdings Co (VRT) Presents at JPMorgan Industrials Conference 2026 Transcript Vertiv: Remains A Fantastic Pick-And-Shovel AI Play Vertiv: An Upcoming S&P 500 Member, Shares Near Fair Value (Downgrade) Vertiv, Lumentum, Coherent, and EchoStar are new additions to the S&P 500 SA Asks: Which hardware stocks are best positioned for AI?
Encube Ethicals Pvt. , backed by private equity firm Quadria Capital, is considering an initial public offering in Mumbai that could raise about $400 million, according to people familiar with the matter. The contract drug manufacturer has appointed JM Financial Ltd. and JPMorgan Chase & Co. as advisers and plans to hire more banks for the proposed share sale, the people said, asking not to be ide...
Encube Ethicals Pvt. , backed by private equity firm Quadria Capital, is considering an initial public offering in Mumbai that could raise about $400 million, according to people familiar with the matter. The contract drug manufacturer has appointed JM Financial Ltd. and JPMorgan Chase & Co. as advisers and plans to hire more banks for the proposed share sale, the people said, asking not to be identified because the information is private. Deliberations are ongoing and details including the size and valuation of the offering could change, the people said. Representatives for Encube and the banks didn’t immediately respond to requests for comment. Firms including Quadria and Gulf Islamic Investments acquired a minority stake in Encube in 2021, a transaction that valued the company at about $800 million, according to data provider Tracxn . Read More: Quadria Is Said to Weigh Stake Sale in $2 Billion Firm Encube Encube, which owns the topical anti-microbial brand Soframycin, recently paused plans to sell a majority stake due to a valuation mismatch, the Economic Times reported last week, citing people familiar with the matter. India’s market for IPOs has had a subdued start to 2026, following two consecutive years of record fundraising. Stocks have come under pressure from geopolitical tensions, slowing earnings growth and uneven foreign inflows. Still, many Indian companies are increasingly turning to capital markets to raise funds, signaling confidence that businesses with strong fundamentals and the right valuations will continue to attract demand. Founded in 1998, Encube manufactures creams, gels and ointments focused on dermatology and reproductive health in India and the US. It also provides contract development and manufacturing services from three plants in India.
Photo: Wang Guangyou Wang Guangyou, a former official of China’s top securities watchdog, is under investigation for suspected “serious disciplinary and legal violations”, the top graft-buster announced Saturday. The probe into the former head of the China Securities Regulatory Commission’s (CSRC) bureau in Hubei province may be connected to the listing of Tianfeng Securities Co. Ltd. , people fam...
Photo: Wang Guangyou Wang Guangyou, a former official of China’s top securities watchdog, is under investigation for suspected “serious disciplinary and legal violations”, the top graft-buster announced Saturday. The probe into the former head of the China Securities Regulatory Commission’s (CSRC) bureau in Hubei province may be connected to the listing of Tianfeng Securities Co. Ltd. , people familiar with this matter told Caixin.
Target (TGT +1.47%) has been one of the biggest flops in the retail sector since the pandemic ended. Over the last five years, the stock is down 30%, and is off more than 50% from its all-time peak around the same time. The company has struggled with theft, inflation, stiff competition from Walmart, Costco, and Amazon, a shifting political stance that has alienated its customers, and a deteriorati...
Target (TGT +1.47%) has been one of the biggest flops in the retail sector since the pandemic ended. Over the last five years, the stock is down 30%, and is off more than 50% from its all-time peak around the same time. The company has struggled with theft, inflation, stiff competition from Walmart, Costco, and Amazon, a shifting political stance that has alienated its customers, and a deteriorating in-store experience that have contributed to a decline in comparable store sales. Now, a new CEO has breathed new life into Target stock and investors see an opportunity for a turnaround. In a year when the S&P 500 is down, Target is up 18% year-to-date through March 23, largely because new CEO Michael Fiddelke has instilled a sense of confidence in the company's turnaround potential, even after middling fourth-quarter results earlier this month. Fiddelke hasn't wasted any time in rolling out new ideas to recover lost business, and a key test for the company is coming this week: Target's Circle Deal Days. What is Target Circle Deal Days? Target's Circle Deal Days is a three shopping promotion from March 25-27, seemingly designed to compete with Amazon's Big Spring sale, to promote Target Circle, its free loyalty program, and a Target Circle 360 membership program that offers similar benefits to Amazon Prime. Target Circle Deal Days offers 40% off or more on a wide range of items, and members who join Target Circle will get 15% off on one shopping trip. The focus on loyalty is part of a larger strategy under Fiddelke, which includes experiential benefits and rewards in specific categories like beauty or Starbucks. Circle Deal Days also gives the retail stock a chance to draw customers to its store, at a time when it wants to show customers that it's spruced up its stores with a refreshed product lineup, renewed commitment to customer service, and revamped store layouts. Fiddelke's top objective should be returning the business to comparable sales growth, and Circle Deal D...
Key Points Target has struggled since the pandemic. Investors are hopeful that new CEO Michael Fiddelke can inject some energy into the business. The Deal Days promotion is shaping up to be an early test for the company's turnaround strategy. 10 stocks we like better than Target › Target (NYSE: TGT) has been one of the biggest flops in the retail sector since the pandemic ended. Over the last five...
Key Points Target has struggled since the pandemic. Investors are hopeful that new CEO Michael Fiddelke can inject some energy into the business. The Deal Days promotion is shaping up to be an early test for the company's turnaround strategy. 10 stocks we like better than Target › Target (NYSE: TGT) has been one of the biggest flops in the retail sector since the pandemic ended. Over the last five years, the stock is down 30%, and is off more than 50% from its all-time peak around the same time. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The company has struggled with theft, inflation, stiff competition from Walmart, Costco, and Amazon, a shifting political stance that has alienated its customers, and a deteriorating in-store experience that have contributed to a decline in comparable store sales. Now, a new CEO has breathed new life into Target stock and investors see an opportunity for a turnaround. In a year when the S&P 500 is down, Target is up 18% year-to-date through March 23, largely because new CEO Michael Fiddelke has instilled a sense of confidence in the company's turnaround potential, even after middling fourth-quarter results earlier this month. Fiddelke hasn't wasted any time in rolling out new ideas to recover lost business, and a key test for the company is coming this week: Target's Circle Deal Days. What is Target Circle Deal Days? Target's Circle Deal Days is a three shopping promotion from March 25-27, seemingly designed to compete with Amazon's Big Spring sale, to promote Target Circle, its free loyalty program, and a Target Circle 360 membership program that offers similar benefits to Amazon Prime. Target Circle Deal Days offers 40% off or more on a wide range of items, and members who join Target Circle will get 15% off on one shopping trip. The focus on loyalty is par...