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.

Central Garden & Pet Company reports mixed Q4 performance and outlines growth strategies

Central Garden & Pet Company navigated through a challenging external environment in Q4 2024, focusing on operational efficiency and maintaining financial strength. While facing industry challenges, the company remains optimistic about growth opportunities and strategic initiatives.

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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)-- #ferrymorseseed--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), today announced its new ‘Ask Our Gardening Community,' a live digital Q&A center for both experienced and budding gardeners.

Ferry-Morse Launches ‘Ask Our Gardening Community' Live Q&A

Central Garden & Pet Company's stock is an overlooked cyclical pick trading at a deep discount. With everything else constant, historical data suggests that the company's gardening sales are set to surge.

Central Garden & Pet: Undervalued With A Seasonal Uptick En Route

Net sales are stagnant as Central Garden & Pet Company is too leveraged to keep on the aggressive M&A strategy. Profit margins, although healthy, are beginning to notice inflationary pressures.

Central Garden & Pet Company: The Balance Sheet Is Robust

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #FourPaws--Four Paws®, a leading pet brand in the Central Garden & Pet portfolio (Nasdaq: CENT) (Nasdaq: CENTA), and their Wee-Wee® Eco Pads were listed among “The 7 Best Eco-Friendly Puppy Training Pads of 2023” by Treehugger, an award-winning sustainability website that provides information centered on eco-friendly lifestyles.

Wee-Wee® Eco Pads Named Among the Best Eco-Friendly Puppy Training Pads of 2023

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

Why Is Central Garden (CENT) Down 5% Since Last Earnings Report?

NORTON, Mass.--(BUSINESS WIRE)---- $CENT #FerryMorse--Ferry-Morse, a leading and historic seed packet business in the Central Garden & Pet Company portfolio (NASDAQ: CENT) (NASDAQ: CENTA), is prepared for spring planting season with the expansion of its popular Plantlings™ collection. Consumers are now able to order over 100 varieties of vegetable, herb, fruit, flower, shrub and indoor baby plants which will be delivered straight from the Ferry-Morse nursery to their front doors beginning in March.

Ferry-Morse Expands Plantlings™ Selection Adding New Varieties and Introducing More Than 40 New Garden Starter Kits

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #ChewToy--Nylabone, an iconic brand in the Central Garden & Pet Company portfolio (NASDAQ: CENT) (NASDAQ: CENTA), is launching four new product lines that include a variety of chew toys, chew treats, and an exciting combination of the two! The upcoming releases feature chew toy shapes inspired by everyday objects with a fun twist; multi-flavored Basted Blast chew toys; the Sneaky Snacker™ chew & treat toy; and Healthy Edibles® Meaty Center chew treats.

Nylabone Expands Chew Toy and Chew Treat Offering with Latest Product Launches

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #Nylabone--Nylabone, an iconic brand in the Central Garden & Pet Company portfolio (Nasdaq: CENT) (Nasdaq: CENTA), announced a $10,000 donation to long-time partner American Humane in support of its Pups4Patriots™ program. The contribution, which coincides with Valentine's Day, honors the lifesaving companionship U.S. military veterans and their service dogs share as they bring comfort and peace into each other's lives.

Nylabone Makes $10,000 Valentine's Day Donation to Celebrate the Love Between Recovering Military Veterans and Their Service Dogs

Central Garden & Pet's (CENT) Q1 results reflect softness in the garden segment and ongoing cost inflation. However, the company is taking steps to strengthen its position.

Central Garden & Pet (CENT) Q1 Loss Narrower Than Expected

Central Garden & Pet Company (NASDAQ:CENT ) Q1 2023 Earnings Conference Call January 31, 2023 4:30 PM ET Company Participants Friederike Edelmann – Vice President-Investor Relations Tim Cofer – Chief Executive Officer Niko Lahanas – Chief Financial Officer J.D. Walker – President, Garden Consumer Products John Hanson – President, Pet Consumer Products Conference Call Participants Bill Chappell – Truist Securities Stefanos Crist – CJS Securities Taylor Zick – KeyBanc Capital Markets Andrea Teixeira – JPMorgan Carla Casella – JPMorgan Hale Holden – Barclays Karru Martinson – Jefferies Operator Ladies and gentlemen, thank you for standing by.

Central Garden & Pet Company (CENT) Q1 2023 Earnings Call Transcript

Central Garden (CENT) delivered earnings and revenue surprises of 11.11% and 3.64%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Central Garden (CENT) Reports Q1 Loss, Tops Revenue Estimates

WALNUT CREEK, Calif.--( BUSINESS WIRE )--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 2023 first quarter ended December 24, 2022.

Central Garden & Pet Announces Q1 Fiscal 2023 Financial Results

Central Garden & Pet's (CENT) first-quarter fiscal 2023 earnings results are likely to reflect softness in the Garden portfolio.

What Awaits Central Garden & Pet (CENT) in Q1 Earnings?

NEPTUNE CITY, N.J.--( BUSINESS WIRE )--Today, Cadet, a leading dog chew & treat brand in the Central Garden & Pet portfolio (Nasdaq: CENT) (Nasdaq: CENTA), is launching a unique line of all-natural, highly palatable, and digestible long-lasting chews called Bully Hide.

The Makers of Cadet Brand Launch Line of New, Patent-Pending Bully Chews for Dogs

WALNUT CREEK, Calif.--( BUSINESS WIRE )--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a market leader in the Pet and Garden industries, will announce its financial results for its first quarter fiscal 2023 ended December 24, 2022, on Tuesday, January 31, 2023, after the close of trading. On that day, Central will hold a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), hosted by Tim Cofer, CEO, and Niko Lahanas, CFO, to discuss these results and to provide a general business update.

Central Garden & Pet to Announce Q1 Fiscal 2023 Financial Results

Why Is Central Garden (CENT) Down 7.7% Since Last Earnings Report?

Central Garden & Pet's (CENT) Q4 results reflect softness in the garden segment and ongoing cost inflation. However, the company has been taking steps to strengthen its position.

Central Garden & Pet (CENT) Posts Q4 Loss, Sales Decline Y/Y

Central Garden & Pet Company (NASDAQ:CENT ) Q4 2022 Results Earnings Conference Call November 22, 2022 4:30 PM ET Company Participants Friederike Edelmann - Vice President, Investor Relations Timothy Cofer - Chief Executive Officer Nicholas Lahanas - Chief Financial Officer John Hanson - President, Pet Consumer Products John Walker - President, Garden Consumer Products Conference Call Participants Bradley Thomas - KeyBanc Capital Markets Stefanos Crist - CJS Securities Bill Chappell - Truist Securities Jim Chartier - Monness Crespi Hardt William Reuter - Bank of America Merrill Lynch Andrea Teixeira - J.P. Morgan Hale Holden - Barclays Capital Operator Ladies and gentlemen, thank you for standing by.

Central Garden & Pet Company (CENT) Q4 2022 Results - Earnings Call Transcript

WALNUT CREEK, Calif.--( BUSINESS WIRE )--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) ("Central"), a market leader in the Garden and Pet industries, today announced results for its fourth quarter and fiscal year 2022 ended September 24, 2022.

Central Garden & Pet Announces Q4 and Fiscal 2022 Financial Results

WALNUT CREEK, Calif.--( BUSINESS WIRE )--Bell Nursery, an innovative wholesale nursery grower in the Central Garden & Pet portfolio (Nasdaq: CENT) (Nasdaq: CENTA), has been named Environmental Partner of the Year by The Home Depot. This award is presented to only one supplier a year that has gone above and beyond to assist the retailer in reducing the company's environmental footprint while delivering top-quality products to the consumers who rely on The Home Depot to help them beautify and improve their homes.

Bell Nursery Named The Home Depot's 2022 Environmental Partner of the Year

WALNUT CREEK, Calif.--( BUSINESS WIRE )--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a market leader in the Garden and Pet industries, will announce its financial results for the fourth quarter and fiscal year 2022 ended September 24, 2022, on Monday, November 21, 2022, after the close of trading. On that day, Central will hold a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), hosted by Tim Cofer, CEO, and Niko Lahanas, CFO, to discuss these results and to provide a general business update.

Central Garden & Pet to Announce Fourth Quarter and Fiscal Year 2022 Financial Results

NEPTUNE CITY, N.J.--( BUSINESS WIRE )--Nylabone, an iconic brand in the Central Garden & Pet portfolio (Nasdaq: CENT) (Nasdaq: CENTA), is launching a new collection of play toys for imaginative fun. Designed to tap into the creativity that lies within every dog, the toys are made in an original variety of shapes, colors, and materials that inspire dogs and their pet parents to play together in a brand-new way.

New Nylabone Toys Designed to Inspire Creativity in Dogs

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Prestige Consumer Healthcare (PBH), Central Garden & Pet (CENT), Traeger (COOK) and The RealReal (REAL) have been focusing on superior product strategy and prudent capital investments.

4 Consumer Products-Discretionary Stocks to Watch Amid Industry Headwinds

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #Nylabone--Nylabone, an iconic brand in the Central Garden & Pet portfolio (Nasdaq: CENT) (Nasdaq: CENTA), has received national recognition from two pet industry awards for its Gourmet Style chew toys. Crafted with bold bits of flavor roasted throughout, the chew toy collection won “Chew Toy Product of the Year” in the 2022 Pet Independent Innovation Awards and was selected as a finalist in the 2022 Pet Product News Editors' Choice Awards. “We created Gourmet Styl

Nylabone® Receives Multiple Industry Accolades for Gourmet Style Chew Toys

Central Garden & Pet's (CENT) acquisition initiative constantly strengthens its portfolio. CENT is also steadily advancing its digital capabilities and focusing on marketing activities.

News for Central Garden & Pet Company Stock (CENT)