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Morningstar

Morningstar

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Sep 28, 2026

Chewy, Inc.: Chewy’s Expanding Pet Health Ecosystem Fortifies Its Narrow Moat and Deepens Customer Engagement

Symbols

CHWY

Sector(s)

Consumer Cyclical

Rating

Current Price

22.20

Fair Value

Economic Moat

Stewardship

Summary

Founded in 2011, Chewy is a leading e-commerce retailer of pet food, toys, supplies, and medications in North America. The firm offers a comprehensive selection of proprietary and third-party brands, anchored by its highly sticky autoship subscription program, which drives over

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