Central Garden & Pet Company

Central Garden & Pet Co. engages in the production and distribution of branded and private label products for the lawn, and garden and pet supplies markets. It operates through the following segments: Pets and Garden. The Pet segment includes dog and cat supplies such as dog treats and chews, toys, pet beds and grooming products, waste management and training pads, pet containment, supplies for aquatics, small animals, reptiles and pet birds including toys, cages and habitats, bedding, food and supplements, products for equine and livestock, animal and household health and insect control products, live fish and small animals as well as outdoor cushions. The Garden segment includes lawn and garden consumables such as grass, vegetable, flower and herb seed, wild bird feed, bird houses and other birding accessories, weed, grass, and other herbicides, insecticide and pesticide products, fertilizers and live plants. The company was founded by William E. Brown in 1980 and is headquartered in Walnut Creek, CA.

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Central Garden & Pet Company maintains EPS guidance amidst revenue challenges

Central Garden & Pet Company's Q1 performance reflects a mixed picture with revenue declines but a focus on strategic initiatives for growth and cost management.
While challenges like inflation and slowed M&A activity persist, the company's strengths in eCommerce, private label sales, and consumer engagement provide a foundation for future success.
Opportunities lie in finding growth avenues, leveraging consumer spending trends, and enhancing operational efficiency through ongoing improvement efforts.

Central Garden & Pet Company faces Q2 challenges, eyes growth opportunities

Central Garden & Pet Company navigated a challenging second quarter marked by weather-related sales declines in both segments. The company's focus on operational efficiency, margin expansion, and strategic acquisitions underscores a commitment to long-term growth. Despite near-term challenges, Central Garden & Pet Company remains optimistic about future opportunities in the pet and garden industries.

Central Garden & Pet Company achieves record Q3 earnings and eyes e-commerce growth and M&A opportunities

Central Garden & Pet Company's Q3 performance reflects a successful focus on cost management and operational efficiency, resulting in improved financial metrics. While facing challenges such as inventory destocking and segment-specific profit issues, the company is well-positioned to capitalize on opportunities in e-commerce growth and potential strategic acquisitions.

Central Garden & Pet Company reports strong Pet segment performance

Central Garden & Pet Company delivered strong performance in the Pet segment but faced challenges in the Garden segment. The company is focused on cost reduction, operational efficiency, and long-term growth despite a challenging retail environment.
Strategic acquisitions, inventory optimization efforts, and a cautious approach to planning for fiscal '24 highlight the company's proactive stance in navigating market conditions. Opportunities for growth through M&A and operational improvements are key focus areas.
Overall, Central Garden & Pet Company remains optimistic about the future, leveraging strengths in the Pet segment, addressing challenges in the Garden segment, and pursuing opportunities for growth and efficiency in a competitive market.

Central Garden & Pet Company reports Q1 growth and cost focus

Central Garden & Pet Company's Q1 performance showed resilience with a focus on simplifying operations and maintaining a steady outlook for fiscal '24. While facing challenges in certain segments, the company is leveraging strengths in cost management and market positioning to drive growth and efficiency.

Central Garden & Pet reports mixed Q2 results amid cost-saving focus

Central Garden & Pet Company's Q2 performance reflects a mixed outcome with strengths in certain segments and challenges in others.
The company's focus on cost reduction, efficiency, and strategic growth areas positions them well to navigate market challenges and capitalize on opportunities.
While facing headwinds like softness in pet adoptions and moderating inflation, Central Garden & Pet remains focused on driving profitability and operational excellence.

Central Garden & Pet reports resilient Q3 performance amid challenges

Central Garden & Pet Company delivered solid performance in Q3 2024, maintaining resilience amidst challenges.
The company's focus on cost reduction, operational simplification, and growth through M&A positions it for future success.
Challenges from unfavorable weather and sales declines are being addressed through strategic planning and operational improvements.
Opportunities in pet consumables and digital/e-commerce sectors offer avenues for future growth and market expansion.

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Central Garden & Pet Co. engages in the production and distribution of branded and private label products for the lawn, garden, and pet supplies markets. It operates through the Pet and Garden segments. The Pet segment focuses on dog and cat supplies such as dog treats and chews, toys, pet beds and containment, grooming products, waste management and training pads, supplies for aquatics, small animals, reptiles and pet birds including toys, cages and habitats, bedding, food and supplements, products for equine and livestock, animal and household health and insect control products, live fish and small animals as well as outdoor cushions. The Garden segment includes lawn and garden consumables such as grass, vegetable, flower and herb seed, wild bird feed, bird houses and other birding accessories, weed, grass, and other herbicides, insecticide and pesticide products, fertilizers, and live plants. The company was founded by William E. Brown in 1980 and is headquartered in Walnut Creek, CA.

NORTON, Mass.--(BUSINESS WIRE)-- #babyplants--Ferry-Morse, one of the leading and oldest gardening seed brands in the United States, part of the Central Garden & Pet Company portfolio (NASDAQ: CENT) (NASDAQ: CENTA), has expanded its Organic Seed offerings in time for Spring planting season. Meeting consumer demand, Ferry-Morse has increased its online offering of USDA-certified Organic vegetable, fruit, and herb seeds so gardeners of all levels can enjoy homegrown produce while reaping the benefits of or.

Ferry-Morse 2024 Collection Spotlights Organic Seeds and New Plantlings Varieties

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #CadetPet--Cadet®, an esteemed dog chew & treat brand of 35 years, the #1 retail brand of bully sticks, and part of the Central Garden & Pet portfolio (NASDAQ: CENT) (NASDAQ: CENTA), is introducing a trio of naturally delicious additions to its product assortment: Chewalicious™ No Rawhide Chews, Chef's Specialties™ Beef Hide Shish Kabobs; and Homestyle® Jerky Turducken Recipe. “As pet parents ourselves, we know firsthand just how rewarding it is to see our dogs.

Cadet Announces All-New Line of Rawhide Alternatives and Premium Treats Expansion

Here is how Central Garden (CENT) and Central Garden (CENTA) have performed compared to their sector so far this year.

Is Central Garden & Pet (CENT) Stock Outpacing Its Consumer Discretionary Peers This Year?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Central Garden & Pet (CENT) Stock?

NORTON, Mass.--(BUSINESS WIRE)-- #ColossalCrops--Ferry-Morse, one of the leading and oldest gardening seed brands in the United States, part of the Central Garden & Pet Company portfolio (NASDAQ: CENT) (NASDAQ: CENTA), is taking gardening to the next level this spring with the launch of its new Colossal Collection. Available now as gardeners plan and prep for spring gardening, the collection features seed varieties that will grow vegetables at least double the average size – or double the yield – for extra.

Ferry-Morse Helps Gardeners Think Big with NEW Colossal Seed Collection, Crops at Least Double the Average Size or Yield

Central Garden & Pet's (CENT) first-quarter results reflect a net sales increase of 6% in the Garden segment. The company has been containing costs and simplifying the business.

Central Garden & Pet (CENT) Q1 Earnings Top, Margin Expands

Central Garden & Pet Company (CENT) Q1 2024 Earnings Call Transcript

Central Garden (CENT) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share. This compares to loss of $0.16 per share a year ago.

Central Garden (CENT) Q1 Earnings and Revenues Surpass Estimates

WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #FinancialResults--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a market leader in the Pet and Garden industries, today announced financial results for its fiscal 2024 first quarter ended December 30, 2023. “The fiscal year is off to a solid start as we successfully navigated the challenging external environment. We delivered earnings per share of $0.01 as a result of improved gross margin and early season shipments,” said Beth Springer, Inter.

Central Garden & Pet Announces Q1 Fiscal 2024 Financial Results

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #Flavorobsessed--Nylabone®, an iconic brand in the Central Garden & Pet portfolio (NASDAQ: CENT) (NASDAQ: CENTA), is growing two of its chew toy product lines with the addition of unique shapes and flavors. The expansions include enticing flavors and shapes in the brand's Gourmet Style collection, plus new original chew toys inspired by everyday objects with a fun twist. “We at Nylabone are not only dedicated to satisfying dogs' natural chewing instincts—but satisfying t.

Nylabone Extends Two Chew Toy Lines with New Flavors and Shapes

Central Garden & Pet's (CENT) first-quarter fiscal 2024 results are likely to reflect market challenges and the steps taken to simplify the business structure and boost efficiency.

Central Garden & Pet Company (CENT) Lined Up for Q1 Earnings

Central Garden (CENT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Central Garden (CENT) Q1 Earnings Expected to Decline

WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #FinancialResults--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a market leader in the Pet and Garden industries, will announce results for its fiscal 2024 first quarter ended December 30, 2023, after the close of trading on Wednesday, February 7, 2024. On that day, Central will hold a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), hosted by Beth Springer, Interim CEO, and Niko Lahanas, CFO, to discuss these results and to.

Central Garden & Pet to Announce Q1 Fiscal 2024 Financial Results

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #Nylabone--Nylabone®, an iconic brand in the Central Garden & Pet portfolio (NASDAQ: CENT) (NASDAQ: CENTA), has been certified as a Pet Sustainability Accredited Business by the Pet Sustainability Coalition (PSC). This accreditation recognizes Nylabone as a sustainably led and measured business that drives positive impact for pets, people, and the planet. Nylabone, which initially joined PSC as an Advocate member in 2022, achieved this new level of accreditation af.

Nylabone Earns Accreditation from Pet Sustainability Coalition

Central Garden (CENT) reported earnings 30 days ago. What's next for the stock?

Central Garden (CENT) Up 23% Since Last Earnings Report: Can It Continue?

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #ChewToys--Nylabone®, an iconic brand in the Central Garden & Pet portfolio (NASDAQ: CENT) (NASDAQ: CENTA), has donated 1,600 Strong Chew stuffable cone toys to eight local and national animal welfare groups through the brand's Holiday Enrichment program. Valued at a total of over $20,000, the donations supported American Humane, Guiding Eyes for the Blind, Southeastern Guide Dogs, Monmouth County SPCA, Leader Dogs for the Blind, America's VetDogs, Guide Dog Founda.

Nylabone Donates Chew Toys to Eight Animal Organizations Through New Holiday Enrichment Program

WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #Garden--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”) announced today that its board of directors declared a special dividend in the form of one share of Central's Class A Common Stock for every four outstanding shares of Central's Common Stock, Class A Common Stock and Class B Common Stock. “We are distributing the Class A Common Stock to enhance the liquidity of the trading market. We believe the enhanced liquidity will benefit stoc.

Central Garden & Pet Announces Stock Dividend

Central Garden & Pet Company's significant market share, paired with a growth-by-acquisition strategy, could lead to secular growth. The company exceeded estimates in its fourth quarter However, the market has yet to price in recent earnings results. A work-in-progress and raw material inventory pile-up spells higher anticipated product demand.

Central Garden & Pet: Strong Buy Maintained On Better Profit Estimates For 2024

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #AnimalWelfare--Nylabone, an iconic brand in the Central Garden & Pet Company portfolio (NASDAQ: CENT) (NASDAQ: CENTA), has donated chew toys, treats, and monetary contributions valued at almost $1,000,000 to animal welfare groups in 2023. The donations were made through the brand's Nylabone Cares program, which has regularly supported non-profit organizations across the country for years. Throughout the year, Nylabone provided tens of thousands of durable chew toys and.

Nylabone Gives Donations Valued at Over $900,000 to Animal Welfare Groups in 2023

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Central Garden & Pet (CENT) is poised to benefit from strength in its Pet segment, portfolio sterilization and Central-to-Home strategy. High costs and expenses remain a concern.

Central Garden & Pet (CENT) Displays Solid Prospects Amid Risks

Central Garden & Pet's (CENT) fourth-quarter results reflect a net sales increase of 10% in the Pet segment. The company has been taking steps to strengthen its position.

Central Garden & Pet (CENT) Q4 Earnings Top Estimates, Rise Y/Y

Central Garden & Pet Company (NASDAQ:CENT ) Q4 2023 Earnings Conference Call November 20, 2023 4:30 PM ET Company Participants Friederike Edelmann - VP, IR Beth Springer - Interim CEO and Lead Director Niko Lahanas - CFO J.D. Walker - President, Garden Consumer Products John Hanson - President, Pet Consumer Products Conference Call Participants Brad Thomas - KeyBanc Capital Markets Bill Chappell - Truist Securities Jim Chartier - Monness Crespi and Hardt Andrea Teixeira - JPMorgan William Reuter - Bank of America Hale Holden - Barclays Carla Casella - JPMorgan Karru Martinson - Jefferies Company Operator Ladies and gentlemen, thank you for standing by.

Central Garden & Pet Company (CENT) Q4 2023 Earnings Call Transcript

WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #FinancialResults--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) ("Central"), a market leader in the Pet and Garden industries, today announced results for its fourth quarter and fiscal year ended September 30, 2023. "We are proud of what Team Central was able to achieve in a challenging environment characterized by evolving consumer behavior, unfavorable retailer inventory dynamics, high inflation and extreme weather. Despite these headwinds, we delivered.

News for Central Garden & Pet Company Stock (CENT)