Chewy, Inc. Class A (CHWY)

Over the past six months, Chewy's stock price has decreased by 16.99%, closing at $28.10 as of February 6, 2026. Key events include Q3 CY2025 earnings surpassing market revenue expectations, Q1 2025 earnings showing growth in active customers and sales, Mizuho naming Chewy as its "Top Pick" in its 2026 outlook, and the acquisition of SmartEquine.

Chewy's Autoship subscription program provides a stable revenue stream, suggesting insulation from extreme seasonal fluctuations. The company experiences a "holiday peak" in late November, indicating increased demand during the traditional holiday shopping season. Consistent growth in active customers and net sales per active customer points to steady demand for pet products and services throughout the year, with potential surges during holiday periods.

Chewy, Inc. is an American e-commerce company specializing in pet food, products, and services, operating within the pet supplies and retail industry. The company offers pet food and treats, supplies, medications, and health products, along with veterinary telehealth and in-person clinics. Chewy partners with approximately 3,200 pet industry brands and develops its own private brands.

Chewy's primary operations are in the United States, with dual headquarters in Boston, Massachusetts, and Plantation, Florida. It has corporate tech hubs in Minneapolis, Minnesota, and Bellevue, Washington. Chewy operates numerous customer service centers and fulfillment centers across the U.S. and has announced plans for its first international expansion.

Chewy maintains a strong brand reputation through its customer-centric approach and exceptional service, including 24/7 customer support and personalized touches. Chewy executives credited a combination of customer experience (CX) and marketing efforts for a return to customer growth. The company's in-person veterinary clinics received high net promoter scores for their customer service, with over half of new clinic customers subsequently shopping online. Chewy's Autoship subscription program and the newer paid Chewy+ program have been instrumental in growing active customers and sales.

Chewy, Inc. is predominantly owned by institutional shareholders, who hold 97.83% of the company's stock, while insiders own 4.72%. Major institutional owners include BC Partners PE LP, BlackRock Inc., and Vanguard Group Inc. The largest individual insider shareholder is Buddy Holdings II LLC.