Central Garden & Pet (CENT) Q1 Earnings Top, Margin Expands

Central Garden & Pet Company (CENT) came up with first-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Markedly, both net sales and earnings improved year over year in spite of the challenging environment.Management has been taking steps to strengthen its position in the pet supplies and lawn and garden supplies space. Central Garden & Pet Company is focusing on brand building, containing costs, lowering complexity and improving margins. The company has been ...