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In 2019, Chewy filed an S-1 for an initial public offering, intending to trade under the ticker symbol CHWY. In its filing, Chewy reported a net loss of $268 million on total sales of $3.5 billion for its 2018 fiscal year. [14] In the 2019 fiscal year, Chewy earned net sales of $4.85 billion, a 40 percent year-over-year increase on a 52-week basis.
DSW store in Saugus, Massachusetts. The company was founded in 1969 as Shonac Corporation, as the shoe licensee for Value City. [1] [3] In July 1991, the company opened its first store, which was in Dublin, Ohio. [1] In 1998, the company was acquired by Value City. [3] By 1999, the company had 48 stores. [4]
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