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"If you’re a Chewy Vet Care customer who needs help understanding the urgency of your pet’s situation, or you need a referral to an emergency veterinary hospital, call our veterinary care team ...
In the 2022 fiscal year, Chewy's net sales grew 13.6% since 2021, to $10.1 billion. [24] Following this, in December 2023, Chewy expanded its healthcare services by launching Chewy Vet Care. This service includes the establishment of veterinary practices that offer routine check-ups, urgent care, and surgical procedures. [25]
In October of that year, Chewy launched a free tele-triage service called Connect with a Vet. [18] In November, Chewy announced that it would expand its existing online pharmacy to produce and fulfill orders of customized prescription medications, commonly referred to as compounding, for instances where commercial alternatives are absent.
Today's Veterinary Business estimates that the average vet clinic in the U.S. maintains a net profit margin north of 10%, a far cry from Chewy's current 2.3% mark.
Covetrus, Inc. is an American company providing animal health products and related services. [6] Until 2019, it was the animal health business of VetsFirstChoice, and Henry Schein, before being divested.
The market may be finally throwing Chewy (NYSE: CHWY) stock a bone. The stock rose more than 25% after the company announced its earnings for the first quarter of fiscal 2025 (ended April 30).
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