Chewy Inc
NYSE:CHWY
Gross Margin
Chewy Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Chewy Inc
NYSE:CHWY
|
13.2B USD |
29%
|
|
| US |
|
Amazon.com Inc
NASDAQ:AMZN
|
2.1T USD |
49%
|
|
| ZA |
N
|
Naspers Ltd
JSE:NPN
|
954.3B Zac |
40%
|
|
| CN |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
331.7B USD |
39%
|
|
| CN |
|
Pinduoduo Inc
NASDAQ:PDD
|
165.7B USD |
62%
|
|
| CN |
|
Meituan
HKEX:3690
|
1T HKD |
38%
|
|
| NL |
|
Prosus NV
AEX:PRX
|
104.2B EUR |
42%
|
|
| UY |
|
MercadoLibre Inc
BMV:MELIN
|
2T MXN |
46%
|
|
| AR |
|
Mercadolibre Inc
NASDAQ:MELI
|
100.8B USD |
46%
|
|
| US |
D
|
DoorDash Inc
NASDAQ:DASH
|
75.8B USD |
48%
|
|
| CN |
|
JD.Com Inc
HKEX:9618
|
455.7B HKD |
16%
|
Chewy Inc
Glance View
In the bustling realm of e-commerce, Chewy Inc. has carved a niche as a dominant force in the pet industry, captivating the hearts of pet owners with a blend of convenience and customer-centric service. Founded in 2011 by Ryan Cohen and Michael Day, Chewy emerged from the shared vision of transforming how pet lovers purchase supplies, from food to toys, healthcare products, and beyond. Headquartered in Dania Beach, Florida, the company embraced an online model, allowing it to reach a broad spectrum of pet owners while sidestepping the limitations of physical retail. This strategic move enabled Chewy to become a powerhouse by leveraging data-driven decisions to enhance customer experiences and streamline operations, ultimately creating a loyal customer base dependent on the seamless delivery of pet essentials to their doorsteps. Revenue streams for Chewy are multifaceted, largely driven by its vast selection of pet products and recurring sales subscriptions through its Autoship program, which allows customers to schedule regular deliveries of their chosen items at their preferred intervals. This model not only fosters customer loyalty but also ensures a steady revenue flow. Underpinned by an intuitive, user-friendly platform, Chewy offers a wide array of brands, appealing to diverse budgets and preferences. Moreover, Chewy distinguishes itself through exceptional customer service, epitomized by 24/7 support and personalized touches such as handwritten notes and birthday cards for pets, reinforcing trust and engagement. Through its astute business strategies and unwavering dedication to its clientele, Chewy thrives in an increasingly competitive market by making the often burdensome task of pet care both convenient and reliable.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Chewy Inc's most recent financial statements, the company has Gross Margin of 29.2%.
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