Chewy (CHWY): growth potential and loyal customers
Company Overview:
$CHWY+3.7%, a popular e-commerce store for pets, offers a wide range of products, from pet food and toys to health insurance and prescription drugs. The company has built a strong customer base thanks to its loyal fans who return repeatedly and spend more.
Autoship as a growth engine:
- Autoship, an automatic...
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Chewy: The pioneer in online pet supplies sales
- Chewy $CHWY+3.7% is a major player in the online pet supplies sales market with a wide range of products.
- Active in the $144 billion US market and the $10 billion Canadian market.
- With its second fiscal year of profitability, it is seeing steady growth in sales, gross margin and free cash flow.
- Autoship, which accounts for 76%...
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It's an interesting business/focus, but it's not a stock I'd want in my portfolio.