Performance was driven by a 9% sales increase, led by North America's digital channel strategy and a global rise in active consultants. Digital business growth of 42% in North America was fueled by a 60% increase in new customer acquisition and high adoption of the subscription Autoship program. The China turnaround was attributed to the rapid implementation of the Autoship program, which grew from zero to 25% of revenue within one year. Gross margin expansion of 116 basis points resulted from reneg ...

Chewy's autoship program is still flying high. Through fiscal year 2025, 84% of Chewy's net sales came from its autoship program. This recurring and predictable revenue provides a substantial competitive advantage for the pet-focused e-commerce business. Chewy has faced tough macroeconomic headwinds recently, but its sales and margins are improving, and the business is durable. As it continues to grow its private label and healthcare services, Chewy will claw its way back. Chewy's (NYSE: CHWY) stock has bee ...