'I'd much rather buy the stock of Petco, which has the added advantage of making a lot of money,' the 'Mad Money' host said Wednesday.
and revenue on Tuesday, as well as weak revenue guidance for the first quarter and full year. The online pet product retailers' stock dropped in after-hours trading the same day and was down 16.1% on Wednesday.better-than-expected top and bottom lines in the fourth quarter as well as a rosy 2022 revenue guidance.
Cramer posited that Chewy's poor performance could be due to consumers' desire for human interaction since staying inside due to Covid. Another reason he prefers Petco to Chewy is that the former offers in-person veterinary services for pets, he added.
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