Chewy Results Top Estimates as Online Pet Retailer's Customer Base Grows
1. Chewy's earnings surpassed forecasts with strong revenue growth. 2. Active customer base rose to 20.5 million, up 2% year-over-year. 3. Sales through Autoship increased 21%, accounting for over 80% of total revenue. 4. Fourth-quarter revenue reached $3.25 billion, a 15% annual increase. 5. Shares have risen over 120% in the last year.