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Good News for Chewy: Petco Says Customers Don't Mind Higher Prices

Good News for Chewy: Petco Says Customers Don't Mind Higher Prices

Online pet retailer Chewy (NYSE: CHWY) got some good news from rival Petco (NASDAQ: WOOF) in November. Petco reported fiscal third-quarter earnings that showed healthy revenue growth. The more significant news came from Petco's conference call following its earnings announcement.