Pet Food Market Trends

Chewy share price opens 60% higher than IPO

Chewy’s stock price opened on Monday at US$34.72, or nearly 60% higher than the IPO price.
Following e-commerce pet food retailer Chewy’s initial public offering on the New York Stock Exchange, the stock increased from its original share price of US$22 to a high of US$41.34.
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Cat treat sales grew fastest on Amazon in 2018 at 24.9%

Pet food and treat brands with between US$500,000 and one million in annual sales on Amazon saw dramatically higher growth than brands with more than US$10 million.
Pet food and treat brands with between US$500,000 and one million in annual sales on Amazon saw dramatically higher growth than brands with more than US$10 million.
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