Chewy S-1: Category Leadership + Conveyor Belt Into Consumers’ Homes
View from Seed
JUNE 13, 2019
Average revenue per customer has steadily increased from $223/yr in 2012 to $334/yr in 2018. Bottom line, Chewy appears to be a pretty robust commerce business: It has a solid leadership position in a large and growing category. in contribution profit is generated which can offset overhead and generate operating profit. Conclusion.
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