Central Garden (CENTA) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.2. This compares to a loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +55.00%. A quarter ago, it was expected that this pet and lawn products maker would post earnings of $1.34 per share when it actually produced earnings of $1.56, delivering a surprise of +16.42%.Over the last four quarter ...

Financial Performance - Fiscal 2025 net sales were $3.1 billion, a decrease of 2% from $3.2 billion in fiscal 2024[1][5] - Fiscal 2025 GAAP EPS increased to $2.55 from $1.62, while non-GAAP EPS rose to $2.73 from $2.13[1][8] - Operating income for fiscal 2025 was $250 million, up from $185 million, with an operating margin increase to 8.0% from 5.8%[6][8] - The company reported a net loss attributable to Central Garden & Pet Company of $9,806,000 for the three months ended September 27, 2025, compared to a net loss of $34,158,000 in the same period of 2024, showing an improvement of approximately 71.2%[33] - The company reported a GAAP net loss of $9.8 million for the three months ended September 27, 2025, compared to a loss of $34.2 million for the same period in 2024[46] - Non-GAAP net income attributable to the company for fiscal year 2025 was $174.2 million, up from $142.4 million in fiscal year 2024, reflecting a significant increase[46] Margins and Profitability - Gross margin expanded by 240 basis points to 31.9% from 29.5% in fiscal 2024, driven by productivity initiatives[5][8] - The company achieved a gross margin of 31.9% for fiscal year 2025, compared to 30.0% for fiscal year 2024[49] - Adjusted EBITDA for fiscal year 2025 was $371.0 million, compared to $334.2 million for fiscal year 2024, indicating growth[52] - Adjusted EBITDA for the three months ended September 27, 2025, was $25,670,000, a decrease from $16,822,000 in the same period in 2024[53] Segment Performance - The Pet segment reported net sales of $428 million, a slight decrease from $435 million, primarily due to the closure of U.K. operations[12][13] - The Garden segment saw net sales increase to $250 million from $234 million, driven by improved consumer demand and retail execution[14] - The Pet segment's non-GAAP operating income for the three months ended September 27, 2025, was $30.6 million, compared to $34.6 million for the same period in 2024[50] - The Garden segment reported a GAAP operating loss of $1.7 million for the three months ended September 27, 2025, improving from a loss of $28.8 million in the same period of 2024[51] Cash and Debt Management - Cash and cash equivalents at the end of fiscal 2025 were $882 million, compared to $754 million in the prior year[16][17] - Total debt remained unchanged at $1.2 billion, with gross leverage at 2.8x, below the target range of 3.0 to 3.5x[17] - Cash and cash equivalents at the end of the fiscal year were $898,433,000, up from $768,403,000 at the end of the previous fiscal year, marking an increase of approximately 16.9%[35] - The company’s long-term debt remained stable at $1,191,641,000 as of September 27, 2025, compared to $1,189,809,000 in 2024[31] Future Outlook - The company expects fiscal 2026 non-GAAP EPS to be $2.70 or better, reflecting continued margin discipline and cost efficiencies[21] - Capital spending for fiscal 2026 is projected at approximately $50 million to $60 million, focusing on maintenance and targeted growth initiatives[22] Operational Efficiency - Selling, general and administrative expenses for the fiscal year ended September 27, 2025, were $747,294,000, a decrease from $758,348,000 in 2024, representing a reduction of about 1.46%[33] - The company reported adjusted EBITDA for the fiscal year ended September 27, 2025, which is a key non-GAAP measure, reflecting improved operational performance[38] Other Financial Metrics - Total current assets increased to $1,976,130,000 as of September 27, 2025, from $1,886,806,000 as of September 28, 2024, reflecting a growth of about 4.75%[31] - The total equity of Central Garden & Pet Company increased to $1,584,933,000 as of September 27, 2025, from $1,557,545,000 in 2024, indicating a growth of approximately 1.76%[31] - The company incurred a $12.8 million non-cash impairment charge in the Pet segment during fiscal 2024 due to changing market conditions[44] - In fiscal 2025, the company recognized a $5.0 million incremental expense in the Garden segment due to the closure of a distribution facility in Ontario, California[41]

Core Insights - Central Garden & Pet Company is scheduled to release its fourth quarter and fiscal year 2025 financial results on November 24, 2025, providing insights into its performance for the period ending September 27, 2025 [1] Financial Performance Expectations - Wall Street estimates an earnings per share (EPS) of -$0.20 for NASDAQ:CENTA, with optimism that the company might exceed these expectations; the Zacks Consensus Estimate also forecasts a quarterly loss of $0.20 per share [2][6] - Projected revenue for this period is approximately $657.86 million [2] Valuation Metrics - The company's price-to-earnings (P/E) ratio is approximately 12.32, indicating how the market values its earnings [3][6] - The price-to-sales ratio is about 0.57, suggesting a relatively low market valuation compared to its sales [3][6] - The enterprise value to sales ratio is 0.80, indicating that the enterprise value is slightly higher than its sales [3] Liquidity and Debt Levels - The current ratio of 3.56 demonstrates strong liquidity, indicating the company's ability to cover short-term liabilities [4][6] - A debt-to-equity ratio of 0.90 reflects a moderate level of debt compared to equity, suggesting a stable financial position [4][6] Management Insights - The upcoming earnings call, led by CEO Niko Lahanas and CFO Brad Smith, will be crucial for determining the sustainability of immediate price changes and future earnings expectations; management's discussion on business conditions will provide valuable insights into the company's strategy and outlook [5]

WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #CentralToHome--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA), a leading company in the pet and garden industries, today announced that senior management will participate in the following investor conferences on Tuesday, December 2, 2025. 2025 Morgan Stanley Global Consumer & Retail Conference Location: InterContinental New York Barclay Hotel, New York, NY Participant: Brad Smith, Chief Financial Officer Session: Fireside Chat Time: Tuesday, Dece ...

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #ChewToys--Nylabone, an iconic brand in the Central Garden & Pet Company portfolio (NASDAQ: CENT) (NASDAQ: CENTA), has released a collection of chew toys made with real chicken, bison, venison, bacon, and beef. Launched as part of Nylabone's 70th birthday celebration, the toys indulge dogs' instincts with the real taste while delivering everyday enrichment. The line infuses the real tastes dogs simply can't resist into Nylabone's best-selling shapes - Original B ...

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Central Garden (CENTA) due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - Central Garden is expected to report a quarterly loss of $0.20 per share, reflecting an 11.1% decrease year-over-year [3] - Revenue projections stand at $666.08 million, indicating a 0.5% decline from the previous year [3] Estimate Revisions - The consensus EPS estimate has been revised down by 8.33% over the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Central Garden is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +6.56% [12] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10] - Central Garden currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [12] Historical Performance - In the last reported quarter, Central Garden exceeded expectations by delivering earnings of $1.56 per share against an expected $1.34, resulting in a surprise of +16.42% [13] - The company has beaten consensus EPS estimates in all of the last four quarters [14] Conclusion - While Central Garden is positioned as a compelling earnings-beat candidate, other factors may influence stock movement beyond just earnings results [15][17]

Core Viewpoint - Central Garden & Pet Company is set to release its fourth quarter and fiscal year 2025 results on November 24, 2025, after market close [1] Group 1 - The results will cover the period ending September 27, 2025 [1] - A conference call will be held on the same day at 4:30 p.m. Eastern Time, led by CEO Niko Lahanas and CFO Brad Smith [1]

Core Insights - Central Garden & Pet Company has opened a new state-of-the-art fulfillment center in Salt Lake City, Utah, enhancing its logistics network and supporting long-term growth [2][3] - The new facility consolidates two legacy sites, improving efficiency and reducing complexity in serving customers nationwide [3][4] - This initiative is part of a broader strategy to make the company leaner and more agile while pursuing organic growth and strategic M&A opportunities [3][5] Company Strategy - The Salt Lake City facility is designed to be a modern, direct-to-consumer (DTC)-enabled hub, which will enhance the company's ability to manage its DTC business and improve drop shipment execution for retail partners [5] - The facility features advanced safety systems, optimized workflows, and expanded capacity, contributing to logistics savings and increased throughput [5] - Central Garden & Pet aims to build a more efficient and resilient network that seamlessly connects retail, eCommerce, and wholesale demand [5] Financial Overview - Central Garden & Pet reported fiscal 2024 net sales of $3.2 billion, indicating a strong market position in the pet and garden industries [6]

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Core Viewpoint - Central Garden (CENTA) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1]. Company Performance - Central Garden has a solid track record of surpassing earnings estimates, particularly in the last two quarters, with an average surprise of 13.53% [2]. - In the last reported quarter, the company achieved earnings of $1.56 per share, exceeding the Zacks Consensus Estimate of $1.34 per share by 16.42%. In the previous quarter, it reported earnings of $1.04 per share against an expectation of $0.94 per share, resulting in a surprise of 10.64% [3]. Earnings Estimates - Recent favorable changes in earnings estimates for Central Garden indicate a positive outlook, with a Zacks Earnings ESP (Expected Surprise Prediction) of +6.56%, suggesting analysts are optimistic about the company's earnings prospects [6][9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [7][9]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may provide a more accurate prediction of earnings [8].