**Chewy, Inc. (CHWY) has acquired Modern Animal to enhance its pet healthcare services, targeting a market estimated at $54 billion. This merger is expected to accelerate clinic expansion, aiming to operate around 60 clinics by the end of fiscal 2026, with projected annual revenue contributions of approximately $290 million.**
**Chewy Vet Care clinics are designed to attract new customers while promoting increased spending among existing ones. The company’s current Zacks Rank is #5 (Strong Sell), with CHWY shares declining 25.3% in the last three months, compared to a 2.6% decline in the industry. The forward price-to-earnings ratio for CHWY stands at 21.74, lower than the industry average of 21.84.**
**Earnings estimates indicate growth for the current and next fiscal years at 20.5% and 21.7%, respectively. Chewy’s robust technology platform is expected to drive long-term profitability while enhancing customer acquisition and retention.**
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