pet retailer’s stock faces growth hurdles and opportunities By Investing.com
Chewy, Inc. (NYSE:), the leading online retailer of pet food and supplies in the United States with annual revenue of $11.4 billion, has been navigating a complex market landscape characterized by stabilizing industry trends and evolving consumer behaviors. The company’s impressive 87% stock return over the past year reflects strong market confidence in its business model. According to InvestingPro data, Chewy maintains profitability with a gross margin of 29.2%, positioning it well as it continues to expand its offerings and explore new growth avenues. Investors and analysts are closely watching its performance and future prospects.
Company Overview and Recent Performance
Chewy has established itself as a dominant player in the online…
