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CENT Declines 23% From 52-Week High: Will the Stock Rebound?
ZACKS· 2024-09-30 17:50
Central Garden & Pet Company (CENT) faced challenges over the last six months, in turn, experiencing a stock price decline of 13.1%. This stands in contrast with the broader industry and the S&P 500 index's rise of 14.2% and 3.6%, respectively. Image Source: Zacks Investment Research Closing at $36.65 yesterday, the stock moved down 22.7% from its 52-week high of $47.48 attained on May 15, 2024. Also, the stock has fallen below critical technical thresholds, including its 50-day and 200-day moving averages. ...
Is Central Garden & Pet Stock Hold or Sell Post Q3 Earnings?
ZACKS· 2024-09-06 18:05
Central Garden & Pet Company (CENT) reported soft third-quarter fiscal 2024 results, wherein both revenues and earnings declined year over year. The company faced challenges across its Pet and Garden segments, contributing to the decline. Net sales dipped 2.6% compared to the same period last year, and organic sales also dropped by 3%. These results reflect the impact of various operational and market headwinds, including inflationary pressures and shifts in consumer demand. Closing yesterday's session at $ ...
CENT Stock Declines 11% in 3 Months: Should You Buy, Hold or Sell?
ZACKS· 2024-08-28 14:20
Central Garden & Pet Company (CENT) has faced a sharp decline in its stock price, dropping 10.6% over the past three months. This stark contrast to the industry's growth of 13.9% signals underlying challenges for the company. This Walnut Creek, CA-based company is grappling with significant challenges that have hurt its financial results. This was reflected in its third-quarter fiscal 2024 results, wherein both revenues and earnings declined year over year. The company's difficulties are rooted in its core ...
Central Garden & Pet(CENT) - 2024 Q3 - Earnings Call Presentation
2024-08-11 05:55
| --- | --- | --- | |------------------------|-------|-------| | | | | | | | | | Q3 FY2024 | | | | Investor Presentation | | | | 8.7.2024 | | | | | | | Business & Industry Update Beth Springer, Interim CEO Q3 FY24 Financials, FY24 Outlook Niko Lahanas, CFO Management Q&A Beth Springer, Niko Lahanas, J.D. Walker, John Hanson Q3 FY24 Investor Presentation 2 | --- | --- | |-------------------------------|----------------------------------------------------------------------------------------------------------- ...
Central Garden & Pet(CENT) - 2024 Q3 - Earnings Call Transcript
2024-08-11 05:54
Start Time: 16:30 January 1, 0000 5:23 PM ET Central Garden & Pet Company (NASDAQ:CENT) Q3 2024 Earnings Conference Call August 07, 2024, 16:30 PM ET Company Participants Mary Beth Springer - Interim CEO Niko Lahanas - CFO J.D. Walker - President, Garden Consumer Products John Hanson - President, Pet Consumer Products Friederike Edelmann - VP, IR and Corporate Sustainability Conference Call Participants Brad Thomas - KeyBanc Capital Markets Bill Chappell - Truist Securities Jim Chartier - Monness, Crespi an ...
Central Garden & Pet(CENT) - 2024 Q3 - Quarterly Report
2024-08-08 19:28
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 ended June 29, 2024 or ☐ TRANSITION REPORT PURSUANT OF SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-33268 Central Garden & Pet Company Delaware 68-0275553 (State or other jurisdiction of incorporation or organization) (I.R.S. Em ...
Central Garden & Pet (CENT) Q3 Earnings Beat, Organic Sales Fall
ZACKS· 2024-08-08 17:56
Central Garden & Pet Company (CENT) came up with third-quarter fiscal 2024 results, with revenues falling short of the Zacks Consensus Estimate, although earnings surpassed the same. However, both the top and bottom lines declined year over year. Nonetheless, management has been actively strengthening its position in the pet and lawn and garden supplies space. The company focuses on brand building, containing costs, reducing complexity and improving margins. The company's Cost and Simplicity program contrib ...
Central Garden (CENT) Q3 Earnings Surpass Estimates
ZACKS· 2024-08-07 23:21
Central Garden (CENT) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.60%. A quarter ago, it was expected that this maker of products for the pet supply and lawn and garden markets would post earnings of $0.83 per share when it actually produced earnings of $0.99, delivering a surp ...
4 Stocks to Watch in a Promising Consumer Products-Discretionary Industry
ZACKS· 2024-06-13 15:18
About the Industry Brand Enhancement, Capital Discipline: Industry participants have been focusing on deepening engagements with consumers, creating innovative and compelling products and enhancing digital and data analytics capabilities. The launch of newer styles, customization options, unique packaging, point-of-sale displays, automation and high-end customer service enables them to woo consumers. Efforts to enhance the brand portfolio via marketing strategies, buyouts, innovations and alliances are like ...
Central Garden & Pet(CENT) - 2024 Q2 - Quarterly Report
2024-05-09 19:50
☐ TRANSITION REPORT PURSUANT OF SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 1340 Treat Blvd., Suite 600, Walnut Creek, California 94597 (Address of principal executive offices) (925) 948-4000 (Registrant's telephone number, including area code) _______________________________________________________________________ (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Exchange Act: Title of each class Trading ...