Chewy's Auto-Ship Strength and Target's Retail Dilemma

Morningstar Wealth's Brett Husslein notes Chewy's (CHWY) consistent sales growth and deepened auto-ship penetration despite cutbacks in discretionary pet spending, while casting doubt on Target's (TGT) turnaround strategy. Tom White pairs the bearish Target outlook with a put vertical options trade designed to profit from potential downside.

Morning Trade Live

11 Sep 2026

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