Online pet goods retailer Chewy surges on sales forecast lift, Canada foray plans
(Reuters) – Shares of Chewy Inc 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 stock is set to claw back most of its year-to-date losses if gains hold through the session. The company posted a surprise profit for the first quarter as its sales benefited from strong customer loyalty, prompting […]