Roaring Kitty Has a Big Chewy Position. Is It Time to Buy, Sell, or Hold the Stock?
Chewy(CHWY) The Motley Fool·2024-07-02 08:03
For example, a 16-pound bag of my cats' favorite dry food costs a few dollars less at Chewy than it does at Walmart if I get it automatically shipped. Auto-ship orders make up 77.6% of Chewy's net sales, and they're extra sticky because members with auto-ship orders are eligible for free chats with licensed veterinarians. A reason to sell Chewy stock Negotiating power that comes with a large customer base is an important advantage, but it isn't a very strong one. Amazon keeps its Prime membership numbers un ...