Why Customer Loyalty Will Make Chewy a Long-Term Winner for Investors

Popular pet supply retailer Chewy (NYSE: CHWY) is betting that market share and customer loyalty will pay off in the long run, even as short-term earnings dip. As the company matures, its strategy has shifted from rapid growth to nurturing loyalty and recurring purchases. Chewy's membership plan, Chewy+, and autoship program continue to grow steadily.Chewy's future might not be as a high-growth stock, but instead as a valuable, steady, and defensive business. It'll continue to show resilience, even through a slowing economy, as pet owners keep up care for their animals.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool