The company has seen growth slow over the last year amid macroeconomic issues, like inflation hurting consumer spending, but the stock's low valuation is too cheap to pass up. Investors are concerned about the outlook for eating out if the economy falls into a recession, not to mention the potential for competition to slow Toast's momentum in winning new customers. Chewy should see faster growth in net income over the long term as it continues to expand geographically and leverage its fixed costs on distribution centers.