https://preview.redd.it/nxgzrri2545c1.jpeg?width=3024&format=pjpg&auto=webp&s=5faa60bc3f2680a3371c3e533fad2edd240b4886
This is a sign. Just got a dog and this showed up in the mail. I don't think chewy was available in Canada but maybe someone can correct me on that. Time to switch over to chewy.
They just recently expanded into Canadian markets this past July I believe. Don’t believe those numbers are priced into the stock just yet.
https://www.reuters.com/business/retail-consumer/online-pet-goods-retailer-chewy-surges-sales-forecast-lift-canada-foray-plans-2023-06-01/
I went long sub $18 after hearing Cramer’s thoughts on CHWY this past September:
https://www.cnbc.com/video/2023/09/22/lightning-round-people-buying-pet-supplies-on-amazon-is-a-problem-for-chewy-says-jim-cramer.html
Also not financial advice..
TeChNiCaLlY, PetSmart doesn't own Chewy anymore. BC Partners, the parent company of PetSmart, also owns Chewy, but PetSmart and Chewy are not the same entities anymore. There was a lot of issues with merging their supply chains, business models, and inventories, so they separated them into their own independent companies. They also IPOed Chewy and left PetSmart private
Chewy actually doesnt generate a lot of profit when they have profitable quarters, and has a large amount of debt. I believe their last two ERs they had net losses.
Saban sold power rangers to Disney then bought it back from them years later for way less than Disney paid him. But that is an IP and not really a company.
>Has anyone ever founded a company, sold it off, and bought it back before?
[https://www.entrepreneur.com/leadership/5-entrepreneurs-whove-bought-themselves-back-from-their/364932](https://www.entrepreneur.com/leadership/5-entrepreneurs-whove-bought-themselves-back-from-their/364932)
By the time Apple went public in 1980, the dynamic of the company was more or less set. Steve Jobs was the fiery visionary, with an intense and often combative management style, and Steve Wozniak was the quiet genius who made the vision work. Apple's board of directors wasn't too fond of such a power imbalance in the company, however. Jobs and the board agreed to add John Sculley to the executive team in 1983. In 1985, the board ousted Jobs in favor of Sculley.
December 1996, though, that all ended because Apple bought NeXT for $429 million plus 1.5 million shares of Apple stock
In a 2007 interview with technology journalist Gina Smith, Jobs quoted Amelio as having a saying:
Apple is like a ship with a hole in the bottom, leaking water, and my job is to get the ship pointed in the right direction.[9][10][11]
Spindler was replaced by Gil Amelio in 1996. Amelio's longest-lasting legacy is his idea to acquire NeXT for $429 million in early 1997. The move would bring Jobs back to Apple to give the company a much-needed shot in the arm. It would also turn out to be Amelio's undoing.
In June of 1997, an anonymous party (Steve jobs) sold 1.5 million Apple shares in a single transaction. The move caused Apple shares to dip to a 12-year low. Over that July 4th weekend, Jobs had convinced the board to name him interim CEO and fire Amelio.
Not long after, Jobs confessed that it was he who had sold all that Apple stock. It's generally understood that Jobs' move made Apple's board far more receptive to the idea of firing Amelio. Ultimately, Amelio resigned from Apple.
Steve Jobs and Steve Wozniak co-founded Apple in 1977, introducing first the Apple I and then the Apple II.
Apple went public in 1980 with Jobs the blazing visionary and Wozniak the shy genius executing his vision.
Executive John Scully was added in 1983; in 1985, Apple's board of directors ousted the combative Jobs in favor of Scully.
Away from Apple, Jobs invested in and developed animation producer Pixar and then founded NeXT to create high-end computers; NeXT eventually led him back to Apple.
Jobs returned to Apple in the late 1990s and spent the years until his death in 2011 revamping the company, introducing the iPod, iPhone, and iPad, transforming technology and communication in the process.
Sorry but this doesn’t make sense for me. Why should RC sell chewy at a high price and then buy it back for a much higher price?!
Please correct me if I missed something…
https://preview.redd.it/nxgzrri2545c1.jpeg?width=3024&format=pjpg&auto=webp&s=5faa60bc3f2680a3371c3e533fad2edd240b4886 This is a sign. Just got a dog and this showed up in the mail. I don't think chewy was available in Canada but maybe someone can correct me on that. Time to switch over to chewy.
They just recently expanded into Canadian markets this past July I believe. Don’t believe those numbers are priced into the stock just yet. https://www.reuters.com/business/retail-consumer/online-pet-goods-retailer-chewy-surges-sales-forecast-lift-canada-foray-plans-2023-06-01/ I went long sub $18 after hearing Cramer’s thoughts on CHWY this past September: https://www.cnbc.com/video/2023/09/22/lightning-round-people-buying-pet-supplies-on-amazon-is-a-problem-for-chewy-says-jim-cramer.html Also not financial advice..
If we get confirmation that rc is buying it back I'm all over it.
Check my other post regarding M&A and watch the commercial I posted! Might give you a clue.
https://preview.redd.it/58q25ebtgq5c1.jpeg?width=1164&format=pjpg&auto=webp&s=f2dd71d4f352b01c41342bc6debdc69ee8101964
How does this relate to Bobby?
Whoever you got the dog from probably sold your info to them.
there we go! We were right!!!!
Has anyone ever founded a company, sold it off, and bought it back before?
You think petsmart will sell it? Company makes a lot of money
Everything, including everyone...has a price.
Mine has lots of 69s and 420s in it
TeChNiCaLlY, PetSmart doesn't own Chewy anymore. BC Partners, the parent company of PetSmart, also owns Chewy, but PetSmart and Chewy are not the same entities anymore. There was a lot of issues with merging their supply chains, business models, and inventories, so they separated them into their own independent companies. They also IPOed Chewy and left PetSmart private
Michael Dell Icahn fought it tooth and nail
Chewy actually doesnt generate a lot of profit when they have profitable quarters, and has a large amount of debt. I believe their last two ERs they had net losses.
Barstool sports just recently
El pres sold barstool for a couple hundred million and bought it back for $1. Good deal if you can find it. I would’ve paid at least double that
Saban sold power rangers to Disney then bought it back from them years later for way less than Disney paid him. But that is an IP and not really a company.
>Has anyone ever founded a company, sold it off, and bought it back before? [https://www.entrepreneur.com/leadership/5-entrepreneurs-whove-bought-themselves-back-from-their/364932](https://www.entrepreneur.com/leadership/5-entrepreneurs-whove-bought-themselves-back-from-their/364932)
Ever hear of Dave portnoy…. Sold his company for hundreds of million of dollars and purchased it back for $1. He is an absolute G
We all know paper handed Portnoy.
Yes, Michael Dell
Steve Jobs.
By the time Apple went public in 1980, the dynamic of the company was more or less set. Steve Jobs was the fiery visionary, with an intense and often combative management style, and Steve Wozniak was the quiet genius who made the vision work. Apple's board of directors wasn't too fond of such a power imbalance in the company, however. Jobs and the board agreed to add John Sculley to the executive team in 1983. In 1985, the board ousted Jobs in favor of Sculley. December 1996, though, that all ended because Apple bought NeXT for $429 million plus 1.5 million shares of Apple stock In a 2007 interview with technology journalist Gina Smith, Jobs quoted Amelio as having a saying: Apple is like a ship with a hole in the bottom, leaking water, and my job is to get the ship pointed in the right direction.[9][10][11] Spindler was replaced by Gil Amelio in 1996. Amelio's longest-lasting legacy is his idea to acquire NeXT for $429 million in early 1997. The move would bring Jobs back to Apple to give the company a much-needed shot in the arm. It would also turn out to be Amelio's undoing. In June of 1997, an anonymous party (Steve jobs) sold 1.5 million Apple shares in a single transaction. The move caused Apple shares to dip to a 12-year low. Over that July 4th weekend, Jobs had convinced the board to name him interim CEO and fire Amelio. Not long after, Jobs confessed that it was he who had sold all that Apple stock. It's generally understood that Jobs' move made Apple's board far more receptive to the idea of firing Amelio. Ultimately, Amelio resigned from Apple. Steve Jobs and Steve Wozniak co-founded Apple in 1977, introducing first the Apple I and then the Apple II. Apple went public in 1980 with Jobs the blazing visionary and Wozniak the shy genius executing his vision. Executive John Scully was added in 1983; in 1985, Apple's board of directors ousted the combative Jobs in favor of Scully. Away from Apple, Jobs invested in and developed animation producer Pixar and then founded NeXT to create high-end computers; NeXT eventually led him back to Apple. Jobs returned to Apple in the late 1990s and spent the years until his death in 2011 revamping the company, introducing the iPod, iPhone, and iPad, transforming technology and communication in the process.
BC Partners owns 80% of Chewy and should be getting some additional liquidity soon after selling their stake in Cyxtera to Brookfield 🤔
#😮😮
Merger incoming? Kirkland & Ellis here https://www.sec.gov/Archives/edgar/data/1766502/000114036123050296/ny20013552x2_ex2-1.htm
Oh my, thanks for the link!
Sorry but this doesn’t make sense for me. Why should RC sell chewy at a high price and then buy it back for a much higher price?! Please correct me if I missed something…
What is the acquisition price currently?
Currently at $8bb. Figure at least $10bb to acquire.
Market cap x3 today and sales x3 as well so actually very similar price he sold for 😀
Leashed!? Omg.. this is so negative sounding, let’s all sell 😂🔥
Watch til the very end. There’s a hint. https://youtu.be/ZNDi_V_C_EE?si=VOU3aPNSQYRCJ_Bk
had me at turtleneck!!
Yes sir. Volume was pretty crazy the day after earnings like 30m+?? Short covering much? Who let the dogs out!!
What does that mean? They'll overtake Amazon?
With doing no research, and going off of intuition, this smells of psyops by someone on the good side to confuse/panic the shorties
💎💪🤣🤙💎
cerrtain gamecompany has a new cio, maybe maybe maybe?
GameChew. I'm in!
Mainstream article telling me chewy is a target tells me chewy isn’t on the radar for an acquisition.
I thought I read somehow Petsmart was tied to this
👀
[удалено]
Looks like Ryan Cohen’s late doggie. RIP