Why Is Central Garden & Pet (CENT) Stock Rocketing Higher Today [Yahoo! Finance]
Central Garden & Pet Company - Class A Nonvoting (CENTA)
US:NASDAQ Investor Relations:
central.com
Company Research
Source: Yahoo! Finance
with revenue exceeding expectations on slightly positive organic revenue growth. The topline beat was led by 6% year-on-year growth in the Garden segment, which more than offset the growth decline in the Pet segment (driven by lower sales of durable pet products). Operating income beat convincingly, leading to an impressive EPS beat. Looking ahead, full-year guidance was unchanged, with management highlighting a "challenging environment with deflationary cost pressures in certain commodity businesses, softer consumption in a number of categories, and lower foot traffic in key retailers." Zooming out, this was a very solid quarter that should please shareholders. Is now the time to buy Central Garden & Pet? Access our full analysis report here, it's free What is the market telling us: Central Garden & Pet's shares are not very volatile than the market average and over the last year have had only 5 moves greater than 5%. In context of that, today's move is indicating the market co
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High impacting Central Garden & Pet Company - Class A Nonvoting news events
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CENTA
News
- 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