Central Garden & Pet Shares Rise 8.8% on Swing to 1Q Profit [MarketWatch]
Central Garden & Pet Company - Class A Nonvoting (CENTA)
US:NASDAQ Investor Relations:
central.com
Company Research
Source: MarketWatch
The stock is up about 26% over the last 12 months. Advertisement The pet and garden products focused company posted net income of $430,000, or 1 cent a share, for the fiscal first quarter ended Dec. 30, from a loss of $8.4 million, or 16 cents a share, in the prior-year period. Analysts polled by FactSet had expected a loss of 17 cents a share. Interim Chief Executive Beth Springer said its profit in the quarter was the result of improved gross margins and early season shipments. Sales grew to $634.5 million from $627.7 million. Analysts polled by FactSet had expected $617.7 million. Sales in its pet segment declined 2% from the prior year due to lower sales of durable pet products. Sales in its garden segment increased 6% during the same period driven by early season shipments in controls & fertilizer, grass and packet seeds. Central Garden & Pet disclosed its quarterly results on Wednesday after the market closed. Write to Denny Jacob at denny.jacob@wsj.com
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- Central Garden & Pet (NASDAQ: CENTA) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Central Garden & Pet Company (CENT) Queued for Q2 Earnings [Yahoo! Finance]Yahoo! Finance
- Central Garden & Pet To Announce Q2 Fiscal 2024 Financial ResultsBusiness Wire
- Central Garden (CENT) Earnings Expected to Grow: What to Know Ahead of Q2 Release [Yahoo! Finance]Yahoo! Finance
- Central Garden & Pet (NASDAQ: CENTA) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
CENTA
Earnings
- 2/7/24 - Beat
CENTA
Analyst Actions
- 2/8/24 - JP Morgan