Central Garden & Pet(CENT)
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Central Garden & Pet Trades at a Premium: What's the Best Move Now?
ZACKS· 2024-12-19 19:05
Central Garden & Pet Company (CENT) is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 18.43X, which positions it at a premium compared with the industry’s average of 13.05X. The stock is also trading above its median P/E level of 16.62X, observed in the past year. The valuation indicates that Central Garden & Pet is overvalued. Image Source: Zacks Investment Research The stock’s rapid ascent might have contributed to its elevated P/E multiple. Shares of Central Garden & Pet, whi ...
Central Garden & Pet Bumps Buyback Authorization: Key Factors to Note
ZACKS· 2024-12-17 16:56
Central Garden & Pet Company (CENT) has revealed that its board of directors bumped up its share buyback authorization, underscoring its commitment to boosting shareholder value. The company can now buy back up to an incremental $100 million of its issued and outstanding Common Stock and Class A Common Stock.As of Dec. 11, 2024, this expansion raises the total repurchase authorization to approximately $130 million.An increased buyback program often indicates that a company has a strong cash flow and liquidi ...
Central Garden & Pet(CENT) - 2024 Q4 - Annual Report
2024-11-27 21:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________________________ SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock CENT The Nasdaq Stock Market LLC Class A Common Stock CENTA The Nasdaq Stock Market LLC FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal ...
CENT Posts Narrower-Than-Expected Q4 Loss, Sales Down 11% Y/Y
ZACKS· 2024-11-26 17:26
Central Garden & Pet Company (CENT) reported fourth-quarter fiscal 2024 results, with the top line missing the Zacks Consensus Estimate but the bottom line exceeding the same. However, both metrics declined year over year. Nonetheless, CENT remains on track with its Cost and Simplicity program. It focuses on making targeted investments and adding new products across pet and garden portfolios. Although management realizes that the external environment is tough, it remains confident to deliver profitable grow ...
Central Garden & Pet(CENT) - 2024 Q4 - Earnings Call Transcript
2024-11-26 01:02
Central Garden & Pet Company (NASDAQ:CENT) Q4 2024 Earnings Conference Call November 25, 2024 4:30 PM ET Company Participants Friederike Edelmann - Vice President, Investor Relations Niko Lahanas - Chief Executive Officer Brad Smith - Chief Financial Officer John Hanson - President, Pet Consumer Products J. D. Walker - President, Garden Consumer Products Conference Call Participants Bill Chappell - Truist Securities Brad Thomas - KeyBanc Capital Markets Jim Chartier - Monness, Crespi and Hardt Bob Labick - ...
Central Garden (CENT) Reports Q4 Loss, Misses Revenue Estimates
ZACKS· 2024-11-25 23:16
Central Garden (CENT) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this maker of products for the pet supply and lawn and garden markets would post earnings of $1.25 per share when it actually produced earnings of $1.32, delivering a surprise of ...
Central Garden & Pet(CENT) - 2024 Q4 - Earnings Call Presentation
2024-11-25 23:01
| --- | --- | --- | |------------------------|-------|-------| | | | | | | | | | Q4 & FY 2024 | | | | Investor Presentation | | | | 11.25.2024 | | | | | | | Key Messages Niko Lahanas, CEO Q4 & FY24 Results, FY25 Outlook Brad Smith, CFO Q&A Session Niko Lahanas, Brad Smith, J.D. Walker, John Hanson Q4 and FY24 Investor Presentation 2 Forward-Looking Statements The statements contained in this presentation which are not historical facts, including statements concerning evolving consumer demand and unfavorable ...
Central Garden & Pet(CENT) - 2024 Q4 - Annual Results
2024-11-25 21:17
Exhibit 99.1 CENTRAL GARDEN & PET ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2024 FINANCIAL RESULTS Fiscal 2024 net sales of $3.2 billion vs. $3.3 billion in the prior year Fiscal 2024 GAAP EPS of $1.62 vs. $1.88 a year ago, non-GAAP EPS of $2.13 vs. $2.07 a year ago Expects fiscal 2025 non-GAAP EPS to be $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 results for its fourth quart ...
Central Garden & Pet Company to Post Q4 Earnings: Key Factors to Watch
ZACKS· 2024-11-25 14:55
Central Garden & Pet Company (CENT) is likely to register a decrease in both top and bottom lines when it reports fourth-quarter fiscal 2024 on Nov. 25, after market close. The Zacks Consensus Estimate for revenues is pegged at $723.8 million, which indicates a decline of 3.5% from the prior-year reported figure. The consensus mark for the bottom line has remained unchanged in the past 30 days and is pegged at a loss of 20 cents. Central Garden & Pet Company has a trailing four-quarter earnings surprise of ...
Earnings Preview: Central Garden (CENT) Q4 Earnings Expected to Decline
ZACKS· 2024-11-11 16:00
Central Garden (CENT) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the ...