News | Financial results

Back

Chewy had a successful 2019

Chewy, the leading American online retailer of pet products, increased its net sales on a 52-week to 52-week basis by 40 per cent to 4.85 bn dollars in fiscal 2019, which ended on 2 February. CEO Sumit Singh points out that his company had completed the fiscal year with strong fourth-quarter results. Chewy's adjusted EBITDA (Earnings before Interest, Taxes, Depreciation and Amortisation) was 5.8 mio dollars in 2019, an improvement of 65 per cent year-on-year. With regard to the coronavirus crisis, Sumit Singh said that his company "will be here, 24/7, caring for the safety and well-being of our team members and meeting the increased shop-at-home needs of our customers".




|23 April 2020 | 11:44

SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

"We are driving consolidation of the sector"

The Fressnapf Group has ended its anniversary year with record annual sales of 2.65 bn euros, equivalent to an increase of 351 mio euros or 15.2 per View news...

Duravant acquires Votech

Duravant, a global provider of engineered equipment and automation solutions to the food processing, packaging and material handling sectors, has View news...

The new PET worldwide is on sale

Sustainability and environmental protection go hand in hand and are important priorities in every corporate culture. Scarcely any business sector has View news...

Pet products drive growth

During fiscal 2021, Purina's pet products contributed a substantial 3.6 per cent to the organic growth of Nestlé, according to information released View news...

Products of the year 2020/21

Products of the year

What is the most innovative pet product of the year? This is what the editorial team of PET worldwide trade magazine would like to ask you.

You will find a selection of some of the most important products in 2020/2021 on our voting page.

Only pet supplies retailers and wholesalers are called upon to participate in the voting.

Vote now

PET worldwide currend issue

Our service during the Coronavirus crisis

Whether in your home office or at work - during the Coronavirus crisis, the current issue of PET worldwide is available here free of charge for use on PCs and mobile devices.

Read e-magazine

Sustainability

Sustainability
© Pixabay, Gerd Altmann

Sustainability and environmental protection go hand in hand and are important priorities in every corporate culture. Scarcely any business sector has as many opportunities in this respect as the pet sector. Here, manufacturers present the latest concepts.

Take a look

PET retailers from D, A, CH

Update now!


PET Handel
The unique work on the German retail pet shops. Essential information for successful marketing, sales and field service activities. Loose-leaf collection incl. folders and database CD.
Order now

Newsletter

The latest news

Get the latest news about the PET industry weekly per email.

Just register