What's Going On With Chewy Stock Thursday?
What's Going On With Chewy Stock Thursday?
In addition, Chewy has agreed to repurchase and retire $50 million of its common stock at the same price paid by the underwriters in the offering. The concurrent repurchase is being executed separately from the company's existing $500 million share repurchase program that was authorized in May.Chewy Inc (NYSE:CHWY) shares are trading lower Thursday after the company announced a public offering by a selling stockholder and a concurrent share repurchase.
Chewy公司（紐交所：CHWY）股票週四下跌，此前該公司宣佈由一家出售股東進行的公開募股以及同步進行的股票回購。
What To Know: Chewy announced an underwritten public offering of 15,852,886 shares of its common stock, being sold by an entity affiliated with Chewy's largest shareholder BC Partners Advisors. The selling stockholder plans to grant the underwriters a 30-day option to purchase up to an additional 2,377,932 shares of Chewy common stock.
需要了解的信息：Chewy宣佈由其最大股東BC Partners Advisors關聯的實體以承銷方式公開發行15,852,886股普通股。該出售股東計劃授予承銷商30天的選擇權，以購買多達2,377,932股Chewy普通股。
Chewy will not sell any shares in the offering, and will not receive any proceeds.
Chewy不會在此次發行中出售任何股票，也不會收到任何收益。
In addition, Chewy has agreed to repurchase and retire $50 million of its common stock at the same price paid by the underwriters in the offering. The concurrent repurchase is being executed separately from the company's existing $500 million share repurchase program that was authorized in May.
此外，Chewy已同意以承銷商在此次發行中支付的價格回購並註銷5000萬美元的普通股。此次同步回購與公司在5月獲得授權的現有50000萬美元的股票回購計劃是分開執行的。
The offering comes after Chewy reported mixed quarterly results last week, beating on earnings but missing on revenue. The company guided for fourth-quarter revenue of $3.18 billion to $3.2 billion versus estimates of $3.17 billion.
此次發行是在Chewy上週報告了季度業績參差不齊後進行的，該公司在收益方面超出預期，但在營業收入方面未達預期。公司對第四季度的營業收入指引爲31.8億美元至32億美元，而預期爲31.7億美元。
Following the company's quarterly results, Goldman Sachs lifted its price target to $40, RBC Capital raised its target to $42 and JPMorgan maintained an Overweight rating and moved its price target up to $38.
在公司季度業績公佈後，高盛將其目標股價提高至40美元，RBC資本將目標提高至42美元，而摩根大通維持「超配」評級，並將目標股價上調至38美元。
Chewy shares are up approximately 37% year-to-date. The rally in the online pet retailer's stock accelerated over the summer after meme stock trader Keith Gill, also known as "Roaring Kitty," announced a stake in the company. Gill has since announced that he sold his entire stake in Chewy.
Chewy的股價年初至今上漲約37%。這家在線寵物零售商的股票在夏季加速上漲，此前迷因股票交易者Keith Gill，也被稱爲「咆哮的小貓」，宣佈他在該公司的股份。Gill隨後宣佈他已出售在Chewy的全部股份。
CHWY Price Action: Chewy shares were down 2.8% at $31.63 at the time of publication Thursday, according to Benzinga Pro.
CHWY價格走勢：根據Benzinga Pro的消息，Chewy的股價在週四發佈時下跌了2.8%，至31.63美元。
Photo: courtesy of Chewy.
照片：由Chewy提供。
譯文內容由第三人軟體翻譯。
