Chewy CFO Resignation Announced Amid Strategic Growth

Chewy ( (CHWY) ) just unveiled an announcement.

On May 7, 2025, Chewy, Inc. announced the resignation of its Chief Financial Officer, David Reeder, who is leaving to become a CEO in the semiconductor industry. The company confirmed that his departure was not due to any disagreements and reaffirmed its first quarter fiscal 2025 guidance, indicating continued business momentum and strategic growth initiatives. Reeder will remain in his role until June to ensure a smooth transition, as Chewy searches for his successor.

The most recent analyst rating on (CHWY) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on Chewy stock, see the CHWY Stock Forecast page.

Spark’s Take on CHWY Stock

According to Spark, TipRanks’ AI Analyst, CHWY is a Outperform.

Chewy’s overall stock score reflects its robust financial performance driven by revenue growth and cash flow strength, alongside positive technical momentum. However, high valuation and reliance on liabilities temper the outlook. Continued operational improvements and strategic expansions are essential for sustaining growth.

To see Spark’s full report on CHWY stock, click here.

More about Chewy

Chewy, Inc. is a leading online retailer in the pet industry, offering a wide range of pet products, supplies, and prescriptions. The company is known for its competitive pricing, high-quality products, and exceptional customer service, partnering with approximately 3,200 trusted brands and offering around 130,000 products and services through its websites and mobile applications.

Average Trading Volume: 6,011,960

Technical Sentiment Signal: Buy

Current Market Cap: $16.37B

See more insights into CHWY stock on TipRanks’ Stock Analysis page.