Chewy Reports Soon. Here's Why I'd Buy Before the Number Drops.

Chewy stock has declined 35% year-to-date and is trading near 52-week lows at $21.50 per share. The article argues this presents a buying opportunity ahead of June 10 earnings, citing improved valuation metrics (41x P/E, 14x forward P/E, 0.37 PEG ratio), solid growth fundamentals, and consistent earnings beats. The company expects Q1 sales of $3.33-3.36B and EPS of $0.40-0.45, with full-year guidance of $13.6-13.75B in sales representing 9% growth. A planned acquisition of Modern Animal to expand veterinary services could provide additional upside.