Chewy has dominant market position with loyal customers on Autoship program
From Nasdaq: 2025-04-05 10:27:00
Chewy (NYSE: CHWY) has become the top seller of pet food and accessories, with $11.9 billion in sales in its latest fiscal year. The company’s success is attributed to its Autoship program, which has led to customer loyalty and recurring revenue. Autoship customer sales have grown consistently, accounting for 79.2% of Chewy’s revenue in 2024. This program provides predictable sales, increased customer loyalty, and higher spending per customer for the online retailer. Chewy’s leadership position in the pet industry is strengthened by its large base of loyal, repeat customers.
Investors are advised to consider Chewy’s strong position in the pet industry before investing. The Motley Fool Stock Advisor team has identified 10 stocks with potential for high returns, but Chewy is not included in the list. The Stock Advisor service offers guidance on building a portfolio and has significantly outperformed the S&P 500 since 2002. While Chewy is a leading player in the pet industry, investors should carefully evaluate its potential for long-term growth and consider other investment options.
Read more at Nasdaq: Chewy’s Growth Is on Autopilot: The Power of Its $9.4 Billion Autoship Customer Sales