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Chewy Is Showing It Can Run With the Big Dogs

TheMotleyFool

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Chewy Is Showing It Can Run With the Big Dogs: https://g.foolcdn.com/editorial/images/683099/cat-pet-chewy-getty.jpeg

Showing just how resilient the pet care market is, no matter what the economic conditions are, online pet food and products retailer Chewy (NYSE: CHWY) reported first-quarter results that showed a surprise profit along with a revenue forecast that exceeded analyst expectations.

While other online pet care companies such as Bark continue to reel from a consumer spending pullback, Chewy's results highlight the difference between selling essentials and luxuries in times of turmoil, and why it's running ahead of the pack.

Image source: Getty Images.

Source Fool.com

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