Chewy Reports Strong Quarter Among Coronavirus Pandemic
Chewy (NYSE: CHWY), the online pet store which counts PetSmart as its majority owner, had a good year even before the coronavirus pandemic pushed people to order more essential items online.
The company grew net sales by 40% to $4.85 billion for the full year. That actually exceeded its fourth-quarter growth, with the company closing its year with $1.35 billion in sales, a gain of 35%.
Dogs still need to eat. Image source: Getty Images.
Source Fool.com