
Chewy (NYSE: CHWY) stock faces headwinds in 2026, as do many retailers. However, its digital-first, asset-light model is working, gaining share as evidenced by its industry-leading growth pace. Chewy consistently outgrows peers and the broader pet-care industry, driven by global digital penetration and a greater focus on nutrition and pet healthcare. The takeaway for investors is that this stock surged by double-digits following an otherwise tepid release, indicating market support and potential for additional gains this year.