Chewy Inc. (NYSE: CHWY)
Internet Retail · Plantation, FL, United States · Founded 2011
- Market capitalization: $12.0 billion
- Annual revenue: $12.6 billion
- Net income: $0.22 billion
- Employees: 20,000
- Sector: Consumer Cyclical
- Headquarters: Plantation, United States
- Founded: 2011
Source: Statvoo company profile for Chewy Inc.. Browse all 500+ companies
Chewy is the largest online pet retailer in the US, selling food, treats, toys, and pharmacy products for dogs, cats, and other pets. The company is known for fanatical customer service u2014 handwritten holiday cards, pet portrait paintings, and flowers sent when a customer's pet dies. Ryan Cohen (later famous for GameStop) co-founded Chewy in 2011. PetSmart acquired Chewy for $3.35 billion in 2017, then took it public.
Autoship (recurring subscription deliveries) accounts for over 75% of revenue and provides exceptional predictability. Chewy sells pet food, supplies, and pharmacy products at competitive prices, with the Autoship discount incentivizing recurring orders. Revenue exceeds $11 billion annually. The company has expanded into pet health (Chewy Vet Care clinics) and pet insurance.
Cohen and Michael Day founded Chewy in Dania Beach, Florida in 2011. The company grew rapidly by outspending competitors on customer acquisition and service. PetSmart acquired Chewy for $3.35 billion in 2017 u2014 the largest e-commerce acquisition in history at the time. IPO in June 2019 at $22 per share. Cohen left Chewy's board in 2020 to focus on GameStop. Sumit Singh has served as CEO since 2018.
| Market Capitalization | $12.0B |
| Annual Revenue | $12.6B |
| Net Income | $0.22B |
| Profit Margin | 2% |
| Revenue per Employee | $630000K |
| Stock Exchange | NYSE |
| Ticker Symbol | CHWY |
Financial data is approximate and based on most recent annual filings.
Chewy's customer service team sends hand-painted portraits of customers' pets u2014 they've sent over 1,000 paintings. When a customer's pet dies, Chewy often sends flowers and a sympathy card, and refunds any unused food. Ryan Cohen's $3.35 billion exit from Chewy funded his GameStop activist campaign. The company ships over 100 million packages per year.
Chewy's Autoship model and customer loyalty are genuinely best-in-class in e-commerce u2014 the vet clinic expansion could be transformative if executed well, turning Chewy into a full pet healthcare platform.
What is Chewy Inc.'s revenue?
Chewy Inc. generates approximately $12.6 billion in annual revenue.
How many employees does Chewy Inc. have?
Chewy Inc. employs approximately 20,000 people worldwide.
What is Chewy Inc.'s market cap?
Chewy Inc. (CHWY) has a market capitalization of approximately $12.0 billion on the NYSE.
When was Chewy Inc. founded?
Chewy Inc. was founded in 2011 and is headquartered in Plantation, FL, United States.
Who is the CEO of Chewy Inc.?
Sumit Singh is the current CEO of Chewy Inc..
What is Chewy Inc.'s website?
Chewy Inc.'s official website is chewy.com.
| CEO | Sumit Singh |
| Sector | Consumer Cyclical |
| Industry | Internet Retail |
| Founded | 2011 |
| HQ | Plantation, FL |
| Country | United States |
| Website | chewy.com |
See traffic, security, and technical data for Chewy Inc.'s website:
📊 chewy.com stats 📋 WHOIS 🌐 DNS 🔒 SSL