Central Garden & Pet(CENT)

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Central Garden & Pet(CENT) - 2025 Q2 - Quarterly Report
2025-05-08 17:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period eMndaercdh 29, 2025 or ☐ TRANSITION REPORT PURSUANT OF SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Central Garden & Pet Company (State or other jurisdiction of incorporation or organization) Delaware 001-33268 68-0275553 (Commission File Number) (I.R.S. E ...
Central Garden & Pet Q2 Earnings Surpass Estimates, Rise Y/Y
ZACKS· 2025-05-08 16:40
Central Garden & Pet Company (CENT) reported second-quarter fiscal 2025 results, wherein the top line missed the Zacks Consensus Estimate and declined year over year. Meanwhile, earnings surpassed the Zacks Consensus Estimate and improved from the same period last year.The company’s fiscal second-quarter results highlight solid execution and continued progress despite softer sales. Margin and earnings per share improved year over year, driven by strong productivity gains and disciplined implementation of th ...
Central Garden (CENT) Q2 Earnings Beat Estimates
ZACKS· 2025-05-07 23:20
Central Garden (CENT) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.99 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.64%. A quarter ago, it was expected that this maker of products for the pet supply and lawn and garden markets would post a loss of $0.03 per share when it actually produced earnings of $0.21, delivering a surpri ...
Central Garden & Pet(CENT) - 2025 Q2 - Earnings Call Transcript
2025-05-07 21:32
Central Garden & Pet Company (CENT) Q2 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Friederike Edelmann - VP, IRNiko Lahanas - CEOBrad Smith - Chief Financial OfficerBill Chappell - Managing DirectorJohn Hanson - President, Pet Consumer ProductsJ.D. Walker - President, Garden Consumer ProductsPeter Lukas - Director Conference Call Participants Bradley Thomas - Managing Director & Equity Research AnalystJim Chartier - AnalystBrian McNamara - MD & Senior Analyst - ConsumerShovana Chowdhury ...
Central Garden & Pet(CENT) - 2025 Q2 - Earnings Call Transcript
2025-05-07 21:30
Central Garden & Pet Company (CENT) Q2 2025 Earnings Call May 07, 2025 04:30 PM ET Speaker0 Ladies and gentlemen, thank you for standing by. Welcome to Central Garden and Pet's Fiscal twenty twenty five Second Quarter Earnings Call. My name is Zico, and I will be your conference operator for today. At this time, all participants are in listen only mode. Following the prepared remarks, we will hold a question and answer session and instructions will be given at that time. As a reminder, this conference call ...
Central Garden & Pet(CENT) - 2025 Q2 - Quarterly Results
2025-05-07 20:06
Exhibit 99.1 CENTRAL GARDEN & PET ANNOUNCES Q2 FISCAL 2025 FINANCIAL RESULTS Delivers fiscal 2025 Q2 GAAP EPS of $0.98 vs. $0.93 and non-GAAP EPS of $1.04 vs. $0.99 a year ago amid softer sales in the quarter Reaffirms outlook for fiscal 2025 non-GAAP EPS of $2.20 or better WALNUT CREEK, Calif. – 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 2025 second quarter ended March 29, 2025. ...
Central Garden & Pet(CENT) - 2025 Q2 - Earnings Call Presentation
2025-05-07 20:04
ACHIEVED SOLID SECOND QUARTER RESULTS NET SALES $834MM (7)% vs. PY NON-GAAP OPERATING INCOME $99MM in line with PY PET NET SALES $454MM (6)% vs. PY NON-GAAP OPERATING INCOME $66MM 5% vs. PY e GAAP to non-GAAP reconciliation is available at IR.central.com Q2 2025 FINANCIAL RESULTS NON-GAAP EPS $1.04 $0.05 vs. PY GARDEN NET SALES $380MM (10)% vs. PY OPERATING INCOME $59MM 3% vs. PY Home is central to life—we are Central to home Q2 HIGHLIGHTS Continued execution of Cost & Simplicity program enhances efficiency ...
Here's Why Central Garden (CENT) is a Strong Momentum Stock
ZACKS· 2025-04-21 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...
Here is Why Growth Investors Should Buy Central Garden (CENT) Now
ZACKS· 2025-04-16 17:45
Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks can be challenging due to inherent volatility and risks [1] Group 1: Company Overview - Central Garden (CENT) is identified as a promising growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company operates in the pet supply and lawn and garden markets, which are currently attractive for growth investors [3] Group 2: Earnings Growth - Central Garden has a historical EPS growth rate of 5.1%, but projected EPS growth for this year is expected to be 10.7%, significantly higher than the industry average of 3.2% [4] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Central Garden is 8.7%, surpassing the industry average of 4.5% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 11.4%, compared to the industry average of 9.3% [6] Group 4: Earnings Estimate Revisions - There have been upward revisions in current-year earnings estimates for Central Garden, with the Zacks Consensus Estimate increasing by 0.1% over the past month [8] Group 5: Investment Positioning - Central Garden has earned a Growth Score of B and carries a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [10]
Central Garden and Pet Focuses on Efficiency and Digital Growth
ZACKS· 2025-04-07 17:50
Core Insights - Central Garden & Pet Company (CENT) is a resilient player in the pet consumables and garden supplies market, demonstrating adaptability and innovation despite market changes [1][3] - The company is well-positioned for sustainable growth due to a clear strategic vision, disciplined cost management, and a growing digital presence [2] Growth Strategy - CENT is strategically positioning itself as a dominant player in the U.S. pet and lawn and garden supplies market, leveraging distinctive packaging, effective point-of-sale displays, robust logistics, and exceptional customer service [3] - The Central-to-Home strategy is gaining traction through enhanced digital capabilities, optimized supply chain, and elevated marketing efforts [3] Product Innovation - The company is investing in a robust pipeline of new products across its pet and garden segments, focusing on high-quality pet consumables and sustainable garden solutions [4] Operational Efficiency - CENT's multi-year Cost and Simplicity program is driving operational efficiency through Stock Keeping Unit rationalization, facility consolidations, and enhanced tech integration [5] - Adjusted gross margin expanded by 160 basis points to 29.8% in Q1 of fiscal 2025, with SG&A expenses falling by 2% year over year and operating margins increasing by 300 basis points to 4.3% [6] E-Commerce Performance - In Q1 of fiscal 2025, sales in the Pet segment rose by 4% to $427 million, with e-commerce representing 28% of pet segment revenues, growing at 6% year over year [7] - The Garden segment also saw double-digit e-commerce growth, with revenues growing by 2% to $229 million, driven by strong sales in bird feed and fertilizer [8] Stock Performance - CENT shares have decreased by 4.3% in the past month, but have outperformed the industry's decline of 5.3% [9] - Currently, CENT is trading at a forward 12-month price-to-sales multiple of 0.71X, indicating it may be undervalued relative to its earnings potential [11] Strategic Focus - Despite near-term challenges such as tariffs and macroeconomic uncertainty, CENT's focus on innovation, cost optimization, and digital expansion positions it for sustained long-term growth [13]