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Chewy reports 30 per cent net sales gain

“Over the last two years, Chewy has grown its customer base by 8.4 mio, or 75 per cent,” says CEO Sumit Singh.

The online pet retailer Chewy report that first quarter net sales grew by 31.7 per cent to 2.1 bn dollars. The active customer base grew by 4.7 mio from last year to reach 19.8 mio, while net sales per active customer increased by 8.7 per cent year on year to 388 dollars, according to a company press release.

Chewy's net income grew by 180.9 per cent to 38.7 mio dollars from a loss of 47.9 mio dollars last year.

 

|17 June 2021 | 10:30


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