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2011–2019: Founding, acquisition and pre-IPO. Chewy was founded under the name "Mr. Chewy" in June 2011 by Ryan Cohen [3] and Michael Day. [4] In March 2012, the company estimated a total yearly revenue of $26 million, despite losing money in its first half year. [4][5] By 2017, the company had revenue of approximately $2 billion and 51% of ...
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Sales per active customer rose from $434 at the end of 2021 to $562 in the first quarter. Additionally, Chewy's autoship customers continue to account for a larger portion of overall sales. These ...
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