Chewy’s online dominance continues to outpace Petco’s flatlining performance, with Chewy raking in $3.3 billion in revenue and growing 8% year-over-year, while Petco hovers around $1.5 billion with no growth. Chewy’s leaner balance sheet, recurring autoship revenue, and expansion into vet clinics and private labels give it a clear edge — even if neither is a runaway growth stock, Chewy’s consistent momentum and higher margins make it the smarter bet for investors.
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