In the filing, the company disclosed that it is offering more than 45,000 products on its website. Since inception in 2011, it already delivered 100 million orders to its customers.
From fiscal year 2012 to fiscal year 2018, Chewy’s net sales increased from $26 million to $3.5 billion. Its net sales per customer climbed from $223 to $334.
Additionally, the company said its Autoship customer sales grew from $115 million in fiscal year 2014 to $2.3 billion in fiscal year 2018. Its net loss was $267.8 million last year compared to $338 million in 2017.
Under its risk factors, Chewy warned investors, “If we fail to acquire and retain new customers, or fail to do so in a cost-effective manner, we may be unable to increase net sales, improve margins and achieve profitability.”
