Online pet-food retailer Chewy, Inc. has filed with the SEC for an initial public offering of its stock after the firm boosted its revenues by 67.9% year over year in 2018. That’s included a steady expansion in its supply chain, with a 30.5% year over year increase in U.S. seaborne imports associated with “Chewys” in 2018, Panjiva data shows. That growth has likely continued in the new year with imports having increased by 62.6% year over year in 1Q.

Chart shows U.S. seaborne imports associated with “Chewys”.  Source: Panjiva

Imports have two seasonal peaks including May and June, when pre-summer outdoor products are brought in, as well as the pre-holiday gift-buying season. Chewy’s sourcing is focused on China – which accounted for 90.0% of imports in the past 12 months – and has seen a change in profile in the past year however. In 1Q 2018 the leading import lines were focused on textiles – such as blankets – which accounted for 49.0% of imports.

Those have subsequently declined, however, with a 40.3% year over year decline in 1Q. By contrast the growth areas in 1Q 2019 have been in bedding – which surged 120% year over year – as well as pet food for the first time under the Stella & Chewy’s brand.

Chart segments U.S. seaborne imports associated with “Chewys” by product.  Source: Panjiva