Is Chewy's Autoship Penetration the Core Long-Term Growth Engine?

Key Takeaways CHWY Autoship sales hit $2.61B, up 13.6% and representing 84% of total Q3 net sales.Gross margin expanded 50 bps to 29.8% as Autoship mix and disciplined marketing lifted EBITDA 30%.Chewy drove higher order frequency and Autoship use, with paid members delivering margins in line.Chewy, Inc.’s (CHWY) Autoship program is evolving as a key long-term growth driver, as reflected in its third-quarter fiscal 2025 results, which demonstrate the program's strong performance. Autoship generated $2.61 bi ...