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Chewy posts 7.3% revenue growth as pet sector's staple-discretionary split sharpens

9/10/2026

The pet sector's divide between staple and discretionary spending has come into sharper relief against the backdrop of a consumer cycle that has stabilized without recovering.

reported 7.3% revenue growth in its second fiscal quarter of 2026, a pace management attributed to outperforming the broader pet category by two to three times.

Autoship customer sales reached 84.6% of total net sales, the metric management treats as the backbone of revenue predictability.

That subscription-like base has cushioned the business as spending on treats and toppers softens.

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