The services provided by these two companies may not be dented in case of a recession.
News & Analysis: Chewy, Inc.
The key is offering a great customer value proposition to housebound people.
A top-performing restaurant, a sporting goods retailer, and two well-positioned pet supply companies could be steals as the market falls.
An analyst upgrade helped lift the online pet products seller last month.
A great business with a moat, a big growth opportunity, and long-term tailwind are needed. Does Chewy have all three?
The expiration of the IPO lockup period without insider selling, and a strong third quarter, have sent the stock soaring.
More repeat orders and more sales of hard goods, private label, pharmacy, and potentially services should drive margins higher over time.
The company's active customer base grew 33%, net sales per active customer grew 11%, and the company's private-label and pharmacy efforts are starting to pay off.
In the pet e-commerce platform's latest report, investors can find numbers to applaud, as well as numbers to be skeptical of.
Chewy replicated Amazon's customer obsession, applied it to the pet category, and made it personal.