Pet retailer Chewy (CHWY) just slightly beat third quarter estimates for its earnings and revenue, seeing sales grow 4.8% year-over-year. The stock has been falling this morning, slowly gaining back ground but remaining in negative territory at the time of this video's posting.

Brad Smith and Akiko Fujita break down Chewy's latest figures, including the brand's fiscal full-year sales guidance and average revenue per customer.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Luke Carberry Mogan.