1237 ET - Chewy improved its profitability last year, and the pet-supplies retailer is confident it can do so again in 2026. "Our long-term margin framework is unchanged, and the underlying drivers of margin expansion are strengthening," CEO Sumit Singh says on a call with analysts. Margin expansion should accelerate this year as Chewy continues to lower its selling, general and administrative costs, fueled by ramping operations at the company's next-generation fulfillment center in Houston and efficiencies from the use of artificial intelligence across the business. "Said simply, as we look to 2026, our model does not depend on a minimum net sales growth threshold to expand profitability," Singh says.(connor.hart@wsj.com)

(END) Dow Jones Newswires

March 25, 2026 12:37 ET (16:37 GMT)

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