Chewy Gross Margin 2019-2024 | CHWY
- Chewy average gross margin for 2023 was 28.22%, a 5.26% increase from 2022.
- Chewy average gross margin for 2022 was 26.81%, a 0.98% increase from 2021.
- Chewy average gross margin for 2021 was 26.55%, a 10.44% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.