Jun. 4 at 12:16 PM
$WOOF Petco is taking the best parts of
$CHWY ’s playbook while using a massive advantage Chewy can’t replicate — physical stores.
Under CEO Joel Anderson, they’re pushing recurring revenue through Petco Perks, autoship-style deliveries, and higher-margin private labels — all aimed at building predictable cash flow and stronger margins.
The real edge is BOPIS (Buy Online, Pick Up In Store). While Chewy pays huge shipping costs on heavy pet products, Petco fulfills locally through 1,380 stores and often gets extra spending from customers walking in for pickups, grooming, or vet visits.
Petco isn’t just copying Chewy — they’re building an omnichannel pet powerhouse with digital growth plus real-world service hubs.
Shorts be cautious
