CENTRAL GARDEN & PET ANNOUNCES Q2 FISCAL 2024 FINANCIAL RESULTS Fiscal 2024 Q2 net sales of $900 million compared to $909 million a year ago Fiscal 2024 Q2 GAAP EPS of $0.93 vs. $0.72 a year ago, Non-GAAP EPS of $0.99 Maintains outlook for fiscal 2024 non-GAAP EPS of $2.00 or better ($2.50 or better before the February 2024 stock dividend) WALNUT CREEK, Calif. – Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) ("Central"), a market leader in the Pet and Garden industries, today announced financia ...

Central Garden & Pet Company (CENT) is set to report second-quarter fiscal 2024 results on May 8 after market close. The Zacks Consensus Estimate for revenues is pegged at $894.5 million, which indicates a decline of 1.6% from the prior-year reported figure. Over the past 30 days, the Zacks Consensus Estimate for second-quarter earnings per share, currently pegged at 83 cents, has risen by a couple of cents.Central Garden & Pet Company has a trailing four-quarter earnings surprise of 37.8%, on average. In t ...

Investors are always looking for stocks that are poised to beat at earnings season and Central Garden & Pet (CENT) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Central Garden & Petis seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a ...

Central Garden & Pet Co. (CENT) is employing a multi-faceted strategy to strengthen its position in the pet and garden supply space. This strategy includes the use of unique packaging, efficient point-of-sale presentations, logistical expertise and outstanding customer service to drive growth.The company is focused on reducing costs and simplifying operations in areas, such as procurement, production, logistics and management. By undertaking measures like reducing the number of stock-keeping units, closing ...

RICHMOND, Va.--(BUSINESS WIRE)--Paw Love®, a top brand of premium dog chews and treats in the Central Garden & Pet portfolio (NASDAQ: CENT) (NASDAQ: CENTA), is launching Simply Smoked: a new line of natural dog chews smoked in small batches over real hickory wood. Smoked low and slow in the brand's own smokehouse in Virginia, Simply Smoked chews delight dogs’ senses with the beloved flavor and aroma of smoked meat. The chews are made with premium, all-natural ingredients and no artificial flavors, colors, ...

It has been about a month since the last earnings report for Central Garden (CENT) . Shares have added about 4.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Central Garden due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Central Garden & Pet Q1 Earnings Top, Mar ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Central Garden (CENT) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.Central Garden is a member of our Consumer Discretionary group, which includes 292 different companies and currently sits at #12 in the Zacks Sector Rank. Th ...

To choose the best momentum stocks, the Driehaus strategy can be applied. This “buy high and sell higher” theory, is undoubtedly a fruitful investment tactic, which helped Richard Driehaus earn a place in Barron’s All-Century Team.To that end, stocks like Fomento Economico Mexicano (FMX) , Central Garden & Pet (CENT) , Toll Brothers (TOL) , and Nvidia (NVDA) have been selected as the momentum picks for the day using the Driehaus strategy.A Detailed Look Into the Driehaus StrategyRegarding the strategy, Drie ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

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