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The article underscores a secular shift toward cat products and cat ownership, a potential driver for CHWY's top-line mix and margins if execution aligns with peers. History shows category tailwinds can lift online pet sellers when cat spend outpaces dog spend; risk includes dog demand normalization and macro pressure.
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Industry data show cat owners boosting pet spend as cat ownership rises, with 2025 cat ownership up 5% to 53 million households. Major players, including Chewy, General Mills, and Petco, frame cat products as a bright spot while dog categories soften. The trend suggests CHWY could gain top-line mix and margin benefits if cat demand remains durable.
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