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Chewy, Inc.
CHWY · NYSEConsumer Discretionary
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Inputs &suppliersfarms, factories, ingredi…Sourcing &enablerstraders, cloud, payments,…Brands &platformsthe hub that sellsDistribution &retaillogistics, stores, channe…Consumerswho actually paysPURNestlé PurinaMARMars PetcareCLColgate-PalmoliveGISGeneral MillsBRDPet brands & vendorsSHPParcel carriersAMZNAmazonP&CRPayments & card railsCHChewyWOOFPetcoPSMPetSmartWMTWalmartFNFulfillment networkRXChewy PharmacyCVCChewy Vet CareYOUPet parentsVETVeterinary practices
Company details
Market cap
$17B
P/E ratio
42×
Div yield
None
EPS (TTM)
$0.90
Gross margin
29%
Rev. growth
+6%
Revenue
$11.9B
Free cash flow
$0.45B
In plain English
Chewy is America's largest online pet retailer — an e-commerce hub that buys pet food, supplies and medicine from thousands of brands and ships them to ~20.5M pet parents, with ~79% of sales on auto-replenishing Autoship. It never makes the food; it wins on selection, logistics and a subscription-like recurring order, and is bolting a health arm (pharmacy, insurance, vet clinics) onto the top of the funnel.
In simple terms
What Chewy, Inc. really sells
Chewy is America's largest online pet retailer — an e-commerce hub that buys pet food, supplies and medicine from thousands of brands and ships them to ~20.5M pet parents, with ~79% of sales on auto-replenishing Autoship. It never makes the food; it wins on selection, logistics and a subscription-like recurring order, and is bolting a health arm (pharmacy, insurance, vet clinics) onto the top of the funnel.
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Risk read
Moderate–High
SteadierMore speculative
Why this rating?