3 Underrated Factors Driving Growth for Chewy
E-commerce pet products giant Chewy (NYSE: CHWY) was one of several companies that actually benefited during the pandemic as many people were forced to quickly change their shopping habits to minimize in-person contact with potential virus carriers. But the company, which IPO'd in June 2019, has also benefitted from several key initiatives it has developed in that time to drive growth.
The initiatives include a free telehealth service for pets, a robust Autoship program, and an increasing variety of available items on its website. Let's look at these three somewhat underrated factors that have contributed to increased sales and helped the company become a growth stock.
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Source Fool.com
