Chewy CEO: Consumers are 'highly engaged' even as inflation squeezes budgets

What: Chewy CEO says consumers remain engaged despite inflation.
Why: The company's strong sales indicate that pet owners are prioritizing their pets' needs.
Signal: Chewy's revenue growth of **15%** in the latest quarter suggests resilience in the market.
Target: The company aims to expand its services to include more veterinary care options.
Risk: Rising competition from pet retailers and online marketplaces poses a risk to Chewy's market share.