Chewy and Beyond Meat Are About to Report Earnings Into a War Zone
Two niche consumer names step into the earnings confessional this week — at possibly the worst macro moment imaginable
Ticker Ratings
Earnings don't pause for geopolitical crises, which means $CHWY and $BYND are both reporting this week into what Bloomberg is politely calling a "market shock" environment. Oil is ripping, the Strait of Hormuz is a geopolitical game of chicken, and retail traders are somehow still debating whether Chewy can finally string together a beat-and-raise quarter.
On $CHWY: Morgan Stanley is overweight with a $50 price target, but the uncomfortable truth is that 4 of the last 5 quarters missed expectations. The key number to watch is full-year revenue guidance of 7–7.5% growth. Miss that, and no amount of cute dog content saves the stock. Social sentiment from the Bloomberg earnings preview skews cautiously optimistic — the setup is "compelling entry point" energy, which historically means retail is hoping for a miracle.
Meanwhile $BYND — now rebranding to just "Beyond" because apparently the word "Meat" was doing them dirty — is walking into earnings week while consumers are already screaming about a $9 Big Mac (shoutout to Graham Stephan's very relatable meltdown). If people are price-shocked by McDonald's, a premium plant-based patty is a very hard sell right now. Both names are high-beta, sentiment-driven stories reporting into a macro environment that is, to put it clinically, absolutely feral.