On Tuesday, March 30, online pet retailer Chewy (NYSE: CHWY) will put a cap on its fiscal year 2020 by reporting its fourth-quarter and full-year results. Like other e-commerce businesses, its sales have increased during the coronavirus pandemic as consumers look to reduce trips to stores. By the same token, Chewy is experiencing rising costs as it wrestles with challenges from operating in the presence of a deadly virus.
When Chewy releases its results for the fourth quarter, investors will hear more from management on developing trends. Investors will be asking questions like: Can Chewy pivot successfully as more folks get vaccinated and feel comfortable leaving their homes again?
Discussion on that topic and a couple of important metrics I will detail below will be crucial for investors who are looking to make a decision on Chewy stock.