Chewy(NYSE) CHWY

Chewy helps people buy everything their pets need online. It delivers food, toys, and medicine directly to your home. The service makes caring for animals simple and fast.

More Than Just Kibble

• Consumables: Everyday pet food and veterinary diet products for many different animals.
• Hardgoods: Non-perishable supplies including collars, leashes, and toys for pet owners.
• Pet Health: Prescription medications and health items for horses, birds, and domestic pets.
• Autoship: Subscription program that automates the ordering and delivery of recurring pet supplies.
• Services: Health-related offerings such as telehealth consultations and pet insurance-related products.

Expanding the Care Network

• Completed the acquisition of SmartPak in February 2026 to strengthen equine health and nutrition offerings.
• Purchased Modern Animal for $400 million in May 2026 to add a technology-forward veterinary platform.
• Expanded the pharmacy fulfillment network and opened new veterinary clinics to build an integrated health ecosystem.
• Increased marketing investments in early 2026 to acquire new customers and improve loyalty.

What Makes Chewy Stand Out?

Chewy integrates retail products with specialized health services to create a single destination for pet care. The company uses data from its Autoship program to maintain high customer retention and recurring sales.

The Numbers Behind the Pets

• Net sales reached $3.4 billion in the 13 weeks ended May 3, 2026, up 7.7% year-over-year.
• Net income hit $94.8 million for the 13 weeks ended May 3, 2026, up 51.9% from 2025.
• Free cash flow rose to $70.8 million in the 13 weeks ended May 3, 2026, up 45.4% year-over-year.
• The count of active customers grew to 21.5 million as of May 3, 2026, up 3.6% from the prior year.

Bottom Line

Chewy has evolved into a comprehensive pet health and wellness ecosystem. Its move into veterinary care and pharmacy services diversifies its business beyond traditional retail.