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Cat People vs. Dog People: Chewy's CEO Reveals Who's Spending More on Their Pets Right Now, and Who's Cutting Back
Source: 247wallst.com
Corporate EarningsConsumer Demand & RetailCompany Fundamentals
Chewy CEO Sumit Singh said on the September 9 earnings call that demand trends are diverging across pet categories: dog is worsening while cat is strengthening. The comment signals mixed consumer demand for Chewy, with potential pressure in the dog segment partly offset by improved cat-category performance.
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