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Motley Fool Hidden Gems Investing

Pet Parents Keep Spending

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 7 December 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

Chewy’s growth depends on how much we love our furry friends. (00:21) Bill Barker and Deidre Woollard discuss: - The power of Chewy’s auto-ship service. - If Chewy’s growth is too dependent on macro trends. - What factors could lead to a Dollar General turnaround. (21:38) Mary Long talks with Dexcom CEO Kevin Sayer about the impact of weight-loss drugs on diabetes care. Companies discussed: DXCM, DG, CHWY, DLTR, AMZN, WMT Claim your dividend report here: www.fool.com/dividends Host: Deidre Woollard Guests: Kevin Sayer, Mary Long, Bill Barker Producer: Ricky Mulvey Engineers: Rick Engdahl, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Are you're giving your pets gifts for the holidays? You're not alone. Motley Full Money

0:09.4

starts now. Welcome to Motley Full Money. I'm Deedra Willard here with Motley Full Andless, Bill Barker.

0:25.0

Bill, how's it going today?

0:26.0

It's going well, thanks.

0:28.0

Glad to hear it.

0:30.0

Well, yesterday on the show, Dylan and Bill Mann, Mann I believe talked about people food.

0:35.2

We're going to start with talking about pet food with chewy earnings.

0:38.4

So Bill, I gotta ask you, I know you have pets.

0:41.0

I believe you have a dog.

0:41.9

Are you a chewy subscriber.

0:45.3

I think I've seen some people rave about their chewy's experience but I get the food delivered

1:00.0

regularly by Amazon and haven't ever given it a thought as to why I would change.

1:06.7

So do you have a subscription with Amazon or do you just buy food when when the bowl is empty? There's a subscription for some of the food and other parts of the food are when the bowl is empty.

1:14.7

So, that's some, there's, one of the dogs

1:18.1

is on prescription food right now,

1:20.1

so I can't just get that as easily as otherwise.

1:23.7

But it's a problem for Chue is that there aren't enough people like me thinking

1:28.0

about getting multiple dogs out there.

1:31.2

They need more customers customers it seems like. I think so. Well it's

1:36.8

interesting because you you get the subscription but you get it through Amazon and

1:40.6

Autorship is huge for for Chooey II too it's about 76% of their business according to according to their earnings and I find that interesting because I have a cat who's also on prescription food and also gets prescription medicine, but

1:53.2

and so we have chewy for the medicine, but not for the food,

...

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