Original source text
WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #CentralToHome--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a leading consumer goods company in the pet and garden industries, today announced that it has acquired W. Atlee Burpee Company (“Burpee”), a national brand in the packet seed and young plant categories trusted by gardeners for 150 years. Burpee offers a comprehensive horticulture portfolio of seeds, plants and garden supplies. The transaction closed on September 30, 2026. “Burpee. Live financial news intelligence
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Saved
2026-10-19 14:18
6d ago
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2026-10-19 09:03
6d ago
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Central Garden & Pet Acquires Burpee, an Iconic Brand in the Packet Seed and Young Plant Categories | FMP Stock News | |
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2026-10-15 09:33
10d ago
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2026-10-15 02:43
11d ago
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Central Garden & Pet (NASDAQ:CENT) Shares Break Above 200 Day Moving Average – Time to Sell? | FMP Stock News | |
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Original source text
Central Garden & Pet Company (NASDAQ:CENT – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $40.88 and traded as high as $41.53. Central Garden & Pet shares last traded at $41.32, with a volume of 107,782 shares changing hands.Analysts Set New Price Targets A number of analysts have recently weighed in on CENT shares. Zacks Research downgraded Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Weiss Ratings cut Central Garden & Pet from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $54.00. Check Out Our Latest Stock Analysis on Central Garden & Pet Central Garden & Pet Trading Up 0.1% The firm’s fifty day simple moving average is $41.74 and its 200 day simple moving average is $40.88. The stock has a market capitalization of $2.59 billion, a P/E ratio of 15.42 and a beta of 0.67. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.67 and a current ratio of 3.79. Central Garden & Pet (NASDAQ:CENT – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The company had revenue of $883.72 million during the quarter, compared to the consensus estimate of $882.96 million. Central Garden & Pet had a net margin of 5.39% and a return on equity of 11.13%. The firm’s quarterly revenue was down 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.56 EPS. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. As a group, equities research analysts forecast that Central Garden & Pet Company will post 2.98 EPS for the current fiscal year. Insider Buying and Selling In other Central Garden & Pet news, insider John Walker, III sold 5,000 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $38.50, for a total transaction of $192,500.00. Following the completion of the sale, the insider directly owned 64,679 shares in the company, valued at $2,490,141.50. This represents a 7.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 8.20% of the stock is currently owned by corporate insiders. Hedge Funds Weigh In On Central Garden & Pet Hedge funds and other institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC boosted its stake in Central Garden & Pet by 59.5% in the first quarter. Renaissance Technologies LLC now owns 181,787 shares of the company’s stock valued at $6,684,000 after buying an additional 67,800 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Central Garden & Pet in the second quarter valued at about $2,156,000. Public Employees Retirement System of Ohio acquired a new position in Central Garden & Pet during the second quarter worth about $1,613,000. Stenger Family Office LLC acquired a new position in Central Garden & Pet during the first quarter worth about $877,000. Finally, Sanctuary Advisors LLC acquired a new position in Central Garden & Pet during the second quarter worth about $650,000. Institutional investors own 16.13% of the company’s stock. (Get Free Report) Central Garden & Pet Company (NASDAQ: CENT) is a marketer and manufacturer of products for the pet and garden markets. The company sells its products through retailers, distributors, e-commerce channels and other outlets, serving consumers primarily in the United States. Its Pet segment offers products for dogs, cats, birds, fish, reptiles and small animals. Product categories include treats, toys, bedding, habitats, aquatics supplies, animal health products and training or waste-management products. Further Reading Five stocks we like better than Central Garden & Pet Tesla Wants to Make Its Own Chips—What Could Go Wrong? IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver? PBF Energy’s Stunning Rally Faces a Critical Test Citi Stock Falls Despite Earnings Beat: What Investors Need to Know Receive News & Ratings for Central Garden & Pet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Garden & Pet and related companies with MarketBeat.com's FREE daily email newsletter. |
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Saved
2026-10-06 16:30
19d ago
Published
2026-10-06 10:46
19d ago
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Here's Why Central Garden (CENT) is a Strong Growth Stock | FMP Stock News | |
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Original source text
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time. Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. #1 (Strong Buy) stocks have produced an unmatched +23.86% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Central Garden (CENT - Free Report) Central Garden & Pet Company is headquartered in Walnut Creek, California and operates primarily across North America. Committed to product innovation, the company is looking to strengthen its position as one of the leading companies in the U.S. pet supplies and lawn and garden supplies space. The company continues to pursue disciplined M&A activities to enhance its portfolio and strengthen its competitive position. CENT is a #2 (Buy) on the Zacks Rank, with a VGM Score of A. Additionally, the company could be a top pick for growth investors. CENT has a Growth Style Score of B, forecasting year-over-year earnings growth of 9.2% for the current fiscal year. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.10 to $2.98 per share. CENT boasts an average earnings surprise of +41.8%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CENT should be on investors' short list. |
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Saved
2026-10-01 21:25
24d ago
Published
2026-10-01 16:40
24d ago
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Is Central Garden & Pet (CENT) Stock Outpacing Its Consumer Discretionary Peers This Year? | FMP Stock News | |
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Original source text
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Central Garden (CENT - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.Central Garden is one of 261 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Central Garden is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for CENT's full-year earnings has moved 3% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Our latest available data shows that CENT has returned about 21% since the start of the calendar year. At the same time, Consumer Discretionary stocks have lost an average of 14.6%. This shows that Central Garden is outperforming its peers so far this year. People (PPLI - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 7.3%. In People's case, the consensus EPS estimate for the current year increased 3130.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Central Garden belongs to the Consumer Products - Discretionary industry, a group that includes 28 individual stocks and currently sits at #164 in the Zacks Industry Rank. This group has gained an average of 4% so far this year, so CENT is performing better in this area. In contrast, People falls under the Media Conglomerates industry. Currently, this industry has 23 stocks and is ranked #176. Since the beginning of the year, the industry has moved -12.9%. Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Central Garden and People as they could maintain their solid performance. |
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Saved
2026-10-01 16:32
24d ago
Published
2026-10-01 10:41
24d ago
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Should Value Investors Buy Central Garden & Pet (CENT) Stock? | FMP Stock News | |
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Original source text
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. One stock to keep an eye on is Central Garden & Pet (CENT - Free Report) . CENT is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 12.91 right now. For comparison, its industry sports an average P/E of 13.85. Over the past year, CENT's Forward P/E has been as high as 19.24 and as low as 12.63, with a median of 14.87. Another notable valuation metric for CENT is its P/B ratio of 1.38. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 2.83. Over the past year, CENT's P/B has been as high as 1.86 and as low as 1.33, with a median of 1.54. These figures are just a handful of the metrics value investors tend to look at, but they help show that Central Garden & Pet is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CENT feels like a great value stock at the moment. |
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Saved
2026-09-24 05:54
1mo ago
Published
2026-09-23 09:01
1mo ago
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Ashley Tisdale Teams Up with Nylabone to Celebrate a New Kind of Chew Toy | FMP Stock News | |
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Original source text
NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #ChewToys--Nylabone, an iconic brand in the Central Garden & Pet Company portfolio (NASDAQ: CENT) (NASDAQ: CENTA) that helps dogs live fuller and happier lives, is redefining chew time with the brand's first chew toys made with real chicken, bison, venison, bacon, and beef. To share this indulgent chewing experience for dogs with pet parents, Nylabone is partnering with actress, entrepreneur, and devoted dog mom Ashley Tisdale. As a dog mom, Ashley echoes Nylabone'. |
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Saved
2026-09-21 21:33
1mo ago
Published
2026-09-21 16:57
1mo ago
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Central Garden & Pet Announces Garden Segment Leadership Transition | FMP Stock News | |
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Original source text
-J.D. Walker, President, Garden Consumer Products, to Retire from That Role Jason Barnes, Executive Vice President, Garden Consumer Products, to Succeed Walker WALNUT CREEK, Calif.--(BUSINESS WIRE)--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a leading consumer goods company in the pet and garden industries, today announced a planned leadership transition for its Garden segment. J.D. Walker, President, Garden Consumer Products, will retire from that role effective September 26, 2026, at which point Jason Barnes, Executive Vice President, Garden Consumer Products, will assume responsibility for sales, marketing and service across Central’s Garden segment, as well as management of the Branded Controls, Grass Seed, Live Plants, Packet Seeds and Vendor Partner businesses. After the transition, Mr. Walker will continue to support Central in a consulting capacity. Jason Barnes knows our garden business, has earned the trust of our customers and our teams, and has consistently demonstrated his ability to deliver results and develop talent. ShareMr. Barnes has served as Executive Vice President, Garden Consumer Products since October 2025 and brings more than two decades of experience in the lawn and garden industry. He began his career with Pennington Seed in 2002 and joined Central Garden & Pet in 2006. Since joining Central, he has held a series of leadership roles of increasing responsibility across sales, business development, and general management, most recently serving as Senior Vice President and General Manager of Bell Nursery, DoMyOwn™, and Central’s Vendor Partner business. “As we planned for this transition, we were focused on identifying a leader who combines a deep understanding of our business and customers with a strong track record of execution and a commitment to Central’s entrepreneurial culture,” said Niko Lahanas, Chief Executive Officer of Central Garden & Pet. “Jason brings all of those qualities. He knows our garden business, has earned the trust of our customers and our teams, and has consistently demonstrated his ability to deliver results and develop talent. I have tremendous confidence in Jason’s leadership and believe he is the right person to build on our momentum, accelerate growth and innovation, and lead our branded garden business into its next chapter.” Mr. Walker has been a key leader at Central since joining the company in 2011, playing an instrumental role in shaping and growing the Company’s Garden segment. Under his leadership, the business delivered significant sales growth and improved profitability, while strengthening Central’s portfolio of leading brands and deepening relationships with key retail partners. He also played an important role in expanding the garden portfolio through strategic acquisitions, including Arden®, Bell Nursery, Hopewell Nursery, Green Garden™ Products and DoMyOwn™. Throughout his tenure, Mr. Walker has been widely respected for his customer-focused leadership, commitment to the business, and ability to build strong, high-performing teams. “J.D.’s contributions to Central over the past 15 years have been significant, and he leaves our Garden business in a much stronger position than when he took the helm,” Lahanas added. “He has helped grow and strengthen our portfolio, built enduring relationships with our customers, developed an outstanding leadership team, and driven meaningful improvements across the business. His leadership of our Cost and Simplicity efforts has also created a stronger foundation for the next phase of growth. I’m grateful for J.D.’s leadership, partnership and commitment to Central, and I appreciate his continued support as we complete this transition.” “Leading Central’s garden business has been an honor and a privilege,” said Mr. Walker. “I’m proud of what this team has accomplished together, and I leave knowing it’s in great hands. I’m grateful to Central, and I look forward to staying connected to this business as it continues to grow.” “I want to thank J.D. for his leadership and his contributions to Central and our garden business. I’m humbled by the opportunity to follow in his footsteps and excited to build on the strong foundation he helped create,” said Mr. Barnes. “We have an exceptional team, a great portfolio of brands, and meaningful opportunities ahead. I look forward to keeping that momentum, accelerating innovation, driving growth, and continuing to deliver for our customers and consumers.” Mr. Barnes holds a Bachelor of Arts in English Literature from the University of Tennessee and an MBA from Emory University. About Central Garden & Pet Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) is a leading consumer goods company in the pet and garden industries. Guided by the belief that home is central to life, the company's purpose is to proudly nurture happy and healthy homes. For over 45 years, its innovative and trusted solutions have helped lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger. Central is home to a diversified portfolio of market-leading brands including Amdro®, Aqueon®, Best Bully Sticks®, Cadet®, C&S®, Farnam®, Ferry-Morse®, Kaytee®, Nylabone®, Pennington®, Sevin® and Zoёcon®. With fiscal 2025 net sales of $3.1 billion, the company has strong manufacturing and logistics capabilities supported by a passionate, entrepreneurial growth culture that incorporates sustainability. Central is based in Walnut Creek, California, with over 6,000 employees primarily across North America. Visit www.central.com to learn more. More News From Central Garden & Pet Company Back to Newsroom |
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2026-09-10 19:13
1mo ago
Published
2026-09-10 13:27
1mo ago
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Central Garden & Pet Company (CENT) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript | FMP Stock News | |
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Central Garden & Pet Company (CENT) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript |
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Saved
2026-09-10 16:46
1mo ago
Published
2026-09-10 10:45
1mo ago
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Why Central Garden (CENT) is a Top Growth Stock for the Long-Term | FMP Stock News | |
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Original source text
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. #1 (Strong Buy) stocks have produced an unmatched +23.8% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Central Garden (CENT - Free Report) Central Garden & Pet Company is headquartered in Walnut Creek, California and operates primarily across North America. Committed to product innovation, the company is looking to strengthen its position as one of the leading companies in the U.S. pet supplies and lawn and garden supplies space. The company continues to pursue disciplined M&A activities to enhance its portfolio and strengthen its competitive position. CENT is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. Additionally, the company could be a top pick for growth investors. CENT has a Growth Style Score of B, forecasting year-over-year earnings growth of 9.2% for the current fiscal year. For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.14 to $2.98 per share. CENT boasts an average earnings surprise of +41.8%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CENT should be on investors' short list. |
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Saved
2026-09-09 08:45
1mo ago
Published
2026-09-08 04:49
1mo ago
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Public Employees Retirement System of Ohio Acquires New Shares in Central Garden & Pet Company $CENT | FMP Stock News | |
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Original source text
Public Employees Retirement System of Ohio bought a new stake in Central Garden & Pet Company (NASDAQ:CENT – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 41,593 shares of the company’s stock, valued at approximately $1,613,000. Public Employees Retirement System of Ohio owned about 0.07% of Central Garden & Pet as of its most recent SEC filing.Other institutional investors have also recently bought and sold shares of the company. Royce & Associates LP boosted its stake in shares of Central Garden & Pet by 28.0% in the 4th quarter. Royce & Associates LP now owns 63,363 shares of the company’s stock valued at $2,037,000 after purchasing an additional 13,851 shares in the last quarter. Stenger Family Office LLC acquired a new position in Central Garden & Pet during the 1st quarter worth approximately $877,000. Quantinno Capital Management LP increased its position in Central Garden & Pet by 45.0% during the 1st quarter. Quantinno Capital Management LP now owns 37,080 shares of the company’s stock worth $1,363,000 after purchasing an additional 11,508 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Central Garden & Pet by 59.5% in the 1st quarter. Renaissance Technologies LLC now owns 181,787 shares of the company’s stock valued at $6,684,000 after purchasing an additional 67,800 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Central Garden & Pet in the 2nd quarter valued at approximately $2,156,000. Institutional investors and hedge funds own 16.13% of the company’s stock. Wall Street Analyst Weigh In A number of analysts have weighed in on the stock. Weiss Ratings raised shares of Central Garden & Pet from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 1st. Zacks Research cut Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $54.00. Read Our Latest Research Report on CENT Central Garden & Pet Stock Performance NASDAQ:CENT opened at $41.71 on Tuesday. The stock’s 50-day moving average is $43.59 and its 200-day moving average is $40.43. Central Garden & Pet Company has a 1-year low of $28.77 and a 1-year high of $46.97. The company has a current ratio of 3.79, a quick ratio of 2.67 and a debt-to-equity ratio of 0.68. The stock has a market cap of $2.61 billion, a P/E ratio of 15.56 and a beta of 0.62. Central Garden & Pet (NASDAQ:CENT – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Central Garden & Pet had a net margin of 5.39% and a return on equity of 11.13%. The business had revenue of $883.72 million during the quarter, compared to analyst estimates of $882.96 million. During the same quarter last year, the business earned $1.56 EPS. The firm’s quarterly revenue was down 8.2% on a year-over-year basis. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. Equities research analysts anticipate that Central Garden & Pet Company will post 2.98 earnings per share for the current year. Insider Activity In other news, insider John Walker, III sold 5,000 shares of Central Garden & Pet stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $38.50, for a total transaction of $192,500.00. Following the transaction, the insider owned 64,679 shares in the company, valued at approximately $2,490,141.50. The trade was a 7.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 8.20% of the company’s stock. (Free Report) Central Garden & Pet (NASDAQ: CENT) is a leading North American specialty retailer, manufacturer and distributor serving the lawn and garden and pet supplies markets. The company operates through two primary segments: Pet and Garden. In the Pet segment, Central Garden & Pet offers a comprehensive range of products including pet food, treats, accessories, training products and habitat solutions for dogs, cats, birds, fish and small animals. The Garden segment encompasses a wide array of lawn, garden and outdoor living products, such as soils, fertilizers, planters, pest control solutions, landscape lighting and watering equipment. Central Garden & Pet’s product portfolio includes both proprietary and branded offerings. Featured Stories Five stocks we like better than Central Garden & Pet 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding CENT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Central Garden & Pet Company (NASDAQ:CENT – Free Report). Receive News & Ratings for Central Garden & Pet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Garden & Pet and related companies with MarketBeat.com's FREE daily email newsletter. |
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2026-08-31 16:27
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2026-08-31 10:51
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Here's Why Central Garden (CENT) is a Strong Momentum Stock | FMP Stock News | |
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible. As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Central Garden (CENT - Free Report) Central Garden & Pet Company is headquartered in Walnut Creek, California and operates primarily across North America. Committed to product innovation, the company is looking to strengthen its position as one of the leading companies in the U.S. pet supplies and lawn and garden supplies space. The company continues to pursue disciplined M&A activities to enhance its portfolio and strengthen its competitive position. CENT is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. Momentum investors should take note of this Consumer Discretionary stock. CENT has a Momentum Style Score of A, and shares are up 1.7% over the past four weeks. Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.09 to $2.93 per share. CENT also boasts an average earnings surprise of +41.8%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CENT should be on investors' short list. |
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2026-08-31 10:33
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2026-08-28 03:59
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Bank of America Corp DE Sells 28,826 Shares of Central Garden & Pet Company $CENT | FMP Stock News | |
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Bank of America Corp DE cut its holdings in shares of Central Garden & Pet Company (NASDAQ:CENT – Free Report) by 16.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 144,508 shares of the company’s stock after selling 28,826 shares during the quarter. Bank of America Corp DE owned about 0.23% of Central Garden & Pet worth $5,314,000 as of its most recent SEC filing.A number of other large investors have also added to or reduced their stakes in CENT. Russell Investments Group Ltd. raised its position in shares of Central Garden & Pet by 632.3% in the third quarter. Russell Investments Group Ltd. now owns 974 shares of the company’s stock valued at $32,000 after purchasing an additional 841 shares during the period. Quarry LP bought a new stake in shares of Central Garden & Pet during the 3rd quarter worth about $35,000. Tower Research Capital LLC TRC grew its stake in Central Garden & Pet by 152.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,920 shares of the company’s stock valued at $68,000 after buying an additional 1,159 shares during the last quarter. Fifth Third Bancorp grew its stake in Central Garden & Pet by 1,532.7% in the 1st quarter. Fifth Third Bancorp now owns 1,845 shares of the company’s stock valued at $68,000 after buying an additional 1,732 shares during the last quarter. Finally, iSAM Funds UK Ltd bought a new position in Central Garden & Pet in the 3rd quarter valued at about $94,000. Institutional investors own 16.13% of the company’s stock. Insiders Place Their Bets In other Central Garden & Pet news, insider John D. Walker III sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $38.50, for a total value of $192,500.00. Following the transaction, the insider directly owned 64,679 shares of the company’s stock, valued at $2,490,141.50. This trade represents a 7.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.20% of the stock is owned by corporate insiders. Central Garden & Pet Price Performance Shares of Central Garden & Pet stock opened at $43.70 on Friday. Central Garden & Pet Company has a twelve month low of $28.77 and a twelve month high of $46.97. The company has a quick ratio of 2.67, a current ratio of 3.79 and a debt-to-equity ratio of 0.68. The company has a 50-day simple moving average of $43.84 and a two-hundred day simple moving average of $40.20. The stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of 16.31 and a beta of 0.61. Central Garden & Pet (NASDAQ:CENT – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. Central Garden & Pet had a net margin of 5.39% and a return on equity of 11.13%. The firm had revenue of $883.72 million for the quarter, compared to analyst estimates of $882.96 million. During the same quarter in the prior year, the business posted $1.56 EPS. The business’s revenue was down 8.2% compared to the same quarter last year. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. Analysts forecast that Central Garden & Pet Company will post 2.98 EPS for the current year. Wall Street Analysts Forecast Growth CENT has been the subject of several research reports. Weiss Ratings downgraded shares of Central Garden & Pet from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 18th. Zacks Research lowered Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Finally, Canaccord Genuity Group increased their target price on Central Garden & Pet from $51.00 to $54.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Central Garden & Pet currently has an average rating of “Moderate Buy” and an average target price of $54.00. Read Our Latest Research Report on Central Garden & Pet Central Garden & Pet Profile (Free Report) Central Garden & Pet (NASDAQ: CENT) is a leading North American specialty retailer, manufacturer and distributor serving the lawn and garden and pet supplies markets. The company operates through two primary segments: Pet and Garden. In the Pet segment, Central Garden & Pet offers a comprehensive range of products including pet food, treats, accessories, training products and habitat solutions for dogs, cats, birds, fish and small animals. The Garden segment encompasses a wide array of lawn, garden and outdoor living products, such as soils, fertilizers, planters, pest control solutions, landscape lighting and watering equipment. Central Garden & Pet’s product portfolio includes both proprietary and branded offerings. Recommended Stories Five stocks we like better than Central Garden & Pet Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape SEC Probe Puts Wall Street Leverage Risk Back in Focus A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole Five Below’s Turnaround Is Working—But Has the Stock Run Too Far? Receive News & Ratings for Central Garden & Pet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Garden & Pet and related companies with MarketBeat.com's FREE daily email newsletter. |
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2026-08-31 10:33
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2026-08-28 12:24
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Central Garden & Pet to Participate in Virtual Investor Meetings with KeyBanc Capital Markets | FMP Stock News | |
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WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #CentralToHome--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA), a leading consumer goods company in the pet and garden industries, today announced that Brad Smith, Central's Chief Financial Officer, will participate in virtual investor meetings hosted by KeyBanc Capital Markets on September 1, 2026. For registration and participation details, please contact your KeyBanc Capital Markets sales representative. A replay of the group meeting will be posted aft. |
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2026-08-31 10:33
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2026-08-28 13:00
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Central Garden & Pet to Participate in Virtual Investor Meetings with KeyBanc Capital Markets | FMP Stock News | |
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Central Garden & Pet to Participate in Virtual Investor Meetings with KeyBanc Capital Markets Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA), a leading consumer goods company in the pet and garden industries, today announced that Brad Smith, Central’s Chief Financial Officer, will participate in virtual investor meetings hosted by KeyBanc Capital Markets on September 1, 2026.For registration and participation details, please contact your KeyBanc Capital Markets sales representative. A replay of the group meeting will be posted after the event on Central’s investor relations website at https://ir.central.com/. About Central Garden & Pet Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) is a leading consumer goods company in the pet and garden industries. Guided by the belief that home is central to life, the company's purpose is to proudly nurture happy and healthy homes. For over 45 years, its innovative and trusted solutions have helped lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger. Central is home to a diversified portfolio of market-leading brands including Amdro®, Aqueon®, Best Bully Sticks®, Cadet®, C&S®, Farnam®, Ferry-Morse®, Kaytee®, Nylabone®, Pennington®, Sevin® and Zoëcon®. With fiscal 2025 net sales of $3.1 billion, the company has strong manufacturing and logistics capabilities supported by a passionate, entrepreneurial growth culture that incorporates sustainability. Central is headquartered in Walnut Creek, California, and employs over 6,000 people, primarily across North America. Visit www.central.com to learn more. View source version on businesswire.com: https://www.businesswire.com/news/home/20260828624655/en/ Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure |
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2026-08-31 10:32
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2026-08-29 06:10
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Central Garden & Pet Chairman Sells 3,900 Shares for $152,100 | FMP Stock News | |
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William E. Brown, Chairman of Central Garden & Pet(CENT +0.23%), executed a sale of 3,900 shares of Class A Common Stock on Aug. 13, 2026, according to a SEC Form 4 filing.Transaction summaryMetricValueTransaction value$152,100Shares sold3,900Post-transaction shares (total)1.3 millionPost-transaction shares (directly held)949,258Post-transaction shares (indirectly held)350,259Post-transaction value$57.7 millionTransaction value based on SEC Form 4 weighted average sale price ($39); post-transaction value based on Aug. 13, 2026, market close ($44.44). Key questionsWhat was the specific nature and structure of this equity disposition? The transaction was an open-market sale of Class A Common Stock held by various family Irrevocable Trusts. Brown and his spouse serve as co-trustees and share investment control over these trusts, though they disclaim beneficial ownership except to the extent of their pecuniary interest.How does this sale align with the Chairman's total equity exposure? The 3,900 shares sold represent 1% of the indirect holdings within the Irrevocable Trusts. The Chairman's direct ownership of approximately 949,000 shares was unaffected by this filing, leaving his total beneficial interest relatively unchanged.What is the current market valuation and performance context for Central Garden & Pet? As of the Aug. 14, 2026, market close, shares were priced at $43.73. The sale occurred shortly after the stock achieved a 20% total return over the 12 months ending on the transaction date.Company OverviewMetricValueShare Price (as of market close 2026-08-14)$43.73Market Capitalization$2.4 billionRevenue (TTM)$3.1 billionNet Income (TTM)$166.3 millionCompany SnapshotCentral Garden & Pet operates as a market leader in the U.S. pet and garden industries, generating revenue through two primary segments: the Pet segment, which offers dog and cat supplies including treats, chews, toys, and grooming items, and the Garden segment, which provides grass seed, wild bird feed, weed and insect control products, and fertilizers under established brands such as Pennington and Sevin.The company's business model is predicated on manufacturing and distributing a diversified portfolio of products across complementary categories, leveraging established brand equity and distribution networks to capture market share in the resilient pet care and lawn and garden categories.Central Garden & Pet serves a broad consumer base, including pet owners, gardeners, and homeowners, with distribution through retail channels, e-commerce platforms, and specialty retailers, positioning the company to benefit from secular trends in pet ownership and home and garden spending.Central Garden & Pet is a diversified consumer products manufacturer with approximately $3.1 billion in annual revenue and 6,000 employees, commanding a significant market position in the defensive consumer staples sector. The company's dual-segment strategy provides revenue diversification while capitalizing on structural demand drivers, including elevated pet ownership rates and sustained consumer investment in residential outdoor spaces. Central's competitive advantages are anchored in established brand portfolios, extensive distribution relationships, and operational scale within categories characterized by high consumer switching costs and recurring purchase patterns. Premium Feature Moneyball Superscore 62/100 Today's Change ( 0.23 %) $ 0.10 Current Price $ 43.80 What this transaction means for investorsWith the indirect sale of 3,900 shares, this appears to be a routine sale from Brown rather than something shareholders should be concerned about. Not only does the executive still indirectly hold over 350,000 shares, but he also holds 949,258 shares directly. That shows alignment with the company's success, as Brown has as much reason as any other shareholder to root for it, given his extensive holdings. Thus far in 2026, the CENT stock price has climbed 36.2%, so Brown is likely just selling into strength. In comparison, the S&P 500 has only climbed 12.6% in the same period. The company is coming off a strong earnings report for its fiscal second quarter of 2026. Central reported net sales of $906 million, an increase from the prior-year period of $834 million. It also reported operating income of $114 million, an increase from $93 million. And finally, its net income was $79 million, up from $64 million. While the stock doesn't receive much analyst coverage, the outlook still looks favorable for Central. Of the five analysts who cover the stock, 80% rate it a buy and 20% a sell, according to CNN. From that analyst group, the median one-year price target is $50, representing a 14.1% gain from today's price. Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. |
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2026-08-21 16:40
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2026-08-21 10:40
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Are Investors Undervaluing Central Garden & Pet (CENT) Right Now? | FMP Stock News | |
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. One company value investors might notice is Central Garden & Pet (CENT - Free Report) . CENT is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 12.91, while its industry has an average P/E of 15.09. CENT's Forward P/E has been as high as 19.24 and as low as 12.63, with a median of 14.87, all within the past year. Investors should also recognize that CENT has a P/B ratio of 1.38. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 2.47. Within the past 52 weeks, CENT's P/B has been as high as 1.86 and as low as 1.33, with a median of 1.54. These are just a handful of the figures considered in Central Garden & Pet's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that CENT is an impressive value stock right now. |
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2026-08-14 15:27
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2026-08-14 10:41
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Is Central Garden & Pet (CENT) Outperforming Other Consumer Discretionary Stocks This Year? | FMP Stock News | |
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For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Central Garden (CENT - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Central Garden is one of 260 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Central Garden is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for CENT's full-year earnings has moved 3.6% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the latest available data, CENT has gained about 38.2% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -6.2% on a year-to-date basis. As we can see, Central Garden is performing better than its sector in the calendar year. One other Consumer Discretionary stock that has outperformed the sector so far this year is Gray Media (GTN - Free Report) . The stock is up 4.3% year-to-date. The consensus estimate for Gray Media's current year EPS has increased 29.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Central Garden belongs to the Consumer Products - Discretionary industry, a group that includes 28 individual companies and currently sits at #96 in the Zacks Industry Rank. Stocks in this group have gained about 15% so far this year, so CENT is performing better this group in terms of year-to-date returns. In contrast, Gray Media falls under the Broadcast Radio and Television industry. Currently, this industry has 15 stocks and is ranked #98. Since the beginning of the year, the industry has moved -12.9%. Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Central Garden and Gray Media as they could maintain their solid performance. |
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2026-08-14 15:27
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2026-08-14 11:21
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Central Garden & Pet Company: The 10% FCF Yield PE Arbitrage Nobody's Pricing In | FMP Stock News | |
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Central Garden & Pet offers 45% upside to a $65 base-case target, driven by discounted valuation and strategic expansion. The TRIXIE acquisition establishes CENT as a global leader, unlocking European growth and M&A opportunities at attractive multiples. Portfolio optimization and a shift to branded products have expanded margins to ~13%, with 10.3% FCF yield and robust buybacks. |
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2026-08-13 15:23
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2026-08-13 10:51
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Why Central Garden (CENT) is a Top Momentum Stock for the Long-Term | FMP Stock News | |
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. #1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey. That's where the Style Scores come in. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Central Garden (CENT - Free Report) Central Garden & Pet is headquartered in Walnut Creek, California and operates primarily across North America. Committed to product innovation, Central Garden & Pet Company is looking forward to strengthening its position as one of the leading companies in the U.S. pet supplies and lawn and garden supplies space. Unique packaging, point-of-sale displays, logistics capabilities and a high level of customer service are some of its key growth catalysts. CENT is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. Momentum investors should take note of this Consumer Discretionary stock. CENT has a Momentum Style Score of B, and shares are up 3.5% over the past four weeks. One analyst revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.03 to $2.92 per share. CENT also boasts an average earnings surprise of +41.8%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CENT should be on investors' short list. |
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2026-08-12 15:19
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2026-08-12 10:46
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Here's Why Central Garden (CENT) is a Strong Growth Stock | FMP Stock News | |
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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time. Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. #1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey. That's where the Style Scores come in. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Central Garden (CENT - Free Report) Central Garden & Pet is headquartered in Walnut Creek, California and operates primarily across North America. Committed to product innovation, Central Garden & Pet Company is looking forward to strengthening its position as one of the leading companies in the U.S. pet supplies and lawn and garden supplies space. Unique packaging, point-of-sale displays, logistics capabilities and a high level of customer service are some of its key growth catalysts. CENT is a #2 (Buy) on the Zacks Rank, with a VGM Score of A. Additionally, the company could be a top pick for growth investors. CENT has a Growth Style Score of B, forecasting year-over-year earnings growth of 7% for the current fiscal year. For fiscal 2026, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $2.92 per share. CENT boasts an average earnings surprise of +41.8%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CENT should be on investors' short list. |
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2026-08-12 08:06
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2026-08-12 02:02
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Central Garden & Pet Eyes Record Profits, European Expansion With TRIXIE Deal | FMP Stock News | |
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3 Small-Cap Stocks on the Way to Bigger and Better DaysCentral Garden & Pet NASDAQ: CENT executives said the company is entering a period of record profitability, expanding margins and increased acquisition activity as it simplifies its operating structure and pursues growth in pet and garden products.Speaking at Canaccord’s 46th Annual Growth Conference, Chief Executive Officer Niko Lahanas said the company’s year-to-date results included record earnings, EBIT, EPS, cash flow and cash balances. He said the Garden segment posted a record quarter and that the company’s fiscal third-quarter EPS was its second-highest ever, despite what he described as a difficult comparison period. Get Central Garden & Pet alerts: MarketBeat ‘Stock of the Week’: Central Garden & Pet Lahanas also pointed to Central Garden & Pet’s pending acquisition of an 80% interest in European pet-supplies company TRIXIE, which he said is expected to close in January or February of next year. The transaction represents a major international expansion for the company, bringing foreign-exchange exposure as well as a presence in Europe. TRIXIE Deal Expands European Pet Presence Lahanas described TRIXIE as Europe’s largest pet-supplies business and said combining it with Central’s operations would create what he called the largest global pet-supplies business. He said the transaction offers a platform for further European consolidation, citing a fragmented market and lower acquisition multiples than those seen in the U.S. Growth Ahead for Central Garden & PetThe CEO said TRIXIE also increases Central’s exposure to cat products, an area where the company’s existing presence is limited. About 20% to 25% of TRIXIE’s business is related to cats, according to Lahanas. He said Central sees continued opportunity in cat products, citing cats’ lower-maintenance nature for consumers. Central ended its fiscal third quarter with nearly $1 billion in cash and has not tapped its asset-based lending facility, giving it nearly $2 billion of available capital, Lahanas said. He estimated the TRIXIE transaction could total more than $400 million, assuming earn-out payments are achieved. “Deals beget deals,” Lahanas said, adding that Central has received more inbound acquisition interest following the TRIXIE announcement. He said the company has completed more than 60 acquisitions over its 40-year history and considers M&A a core part of its strategy, particularly in mature categories where acquisitions can alter competitive positioning more quickly than organic growth alone. Simplification Efforts Support Margins Management attributed improving profitability in part to cost reductions, logistics consolidation and portfolio optimization. Lahanas said the company has focused on exiting or restructuring businesses where it lacks a “right to win” or where channel dynamics have changed structurally. Central recently announced the divestiture of its pet distribution business through a joint venture in which it will retain a 20% stake. Lahanas said the distribution operation had a large customer base, a SKU count approaching 40,000, fuel exposure, trucking costs and workers’ compensation costs, while generating relatively low margins. The joint venture structure will preserve Central’s access to independent pet retailers and the product innovation taking place in that channel, while keeping the business out of its consolidated financial results, he said. Lahanas added that independent pet retailers face pressure from food, drug and mass retailers, e-commerce, convenience and subscription models. He said Central has structurally improved its profitability, noting that the pet business has a gross margin “with a four in front of it” and EBITDA margins of approximately 19% on the pet side. The Garden business can generate similar margins during its season, he said. Garden Portfolio Helps Offset Weather Volatility Jason Barnes, executive vice president of Garden Consumer Products, said Central’s garden portfolio differs from competitors because of its breadth. In addition to categories shared with companies such as The Scotts Miracle-Gro Company and Spectrum Brands, Central operates in wild bird, live goods and packet seeds. That diversification can help moderate weather-related volatility, Barnes said. Wild bird products, for example, can perform better in colder conditions than traditional spring garden categories. Weather remained a major factor during the most recent garden season. Barnes said a strong March and early April gave way to a difficult May, as the market shifted from cold and wet weather to a heat dome without a typical spring period. He said the company’s ability to manage costs and its profit-and-loss structure helped it navigate the volatility and still deliver a record Garden quarter. Executives also highlighted continued strength in wild bird products. Lahanas said the category gained younger consumers during the pandemic and has remained resilient. Central introduced its Feeding Frenzy product line at Walmart roughly a year ago, supported by new packaging and digital marketing. E-Commerce, Data and Value Remain Priorities E-commerce accounts for about 26% of Pet sales and about 10% of Garden sales, Lahanas said. Barnes said Central expects Garden e-commerce penetration to expand by another 200 basis points this year, supported by its direct-to-consumer pest-control capabilities and growth across both pure-play and omnichannel retail. Beyond acquisitions and share repurchases, Central plans to invest in its data infrastructure, artificial intelligence capabilities, logistics network and robotics. Lahanas said the company’s acquisition history has left data insufficiently integrated, and management sees improved data organization as necessary to use AI tools effectively. On consumer demand, Lahanas said shoppers remain focused on value, particularly at the lower end of the income spectrum. He cited the company’s Bully Hide pet product and The Rebels value-tier grass seed brand as examples of products designed to provide lower-priced options while maintaining quality. About Central Garden & Pet (NASDAQ:CENT)Central Garden & Pet NASDAQ: CENT is a leading North American specialty retailer, manufacturer and distributor serving the lawn and garden and pet supplies markets. The company operates through two primary segments: Pet and Garden. In the Pet segment, Central Garden & Pet offers a comprehensive range of products including pet food, treats, accessories, training products and habitat solutions for dogs, cats, birds, fish and small animals. The Garden segment encompasses a wide array of lawn, garden and outdoor living products, such as soils, fertilizers, planters, pest control solutions, landscape lighting and watering equipment. Central Garden & Pet's product portfolio includes both proprietary and branded offerings. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in Central Garden & Pet Right Now?Before you consider Central Garden & Pet, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Central Garden & Pet wasn't on the list. While Central Garden & Pet currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom. Get This Free Report |
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2026-08-06 17:20
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2026-08-06 12:36
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Central Garden & Pet Beats on Q3 Earnings, Raises FY26 EPS Outlook | FMP Stock News | |
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Key Takeaways Central Garden & Pet's Q3 sales fell as it exited the lower-margin pet distribution business.CENT's organic sales increased 2%, with growth across Pet and Garden segments.CENT's Garden sales rose 3% as Wild Bird, Fertilizer, Controls and Grass Seed gained strength. Central Garden & Pet Company (CENT - Free Report) reported third-quarter fiscal 2026 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Earnings declined year over year, while sales decreased due to the exit of the lower-margin pet distribution business. However, organic sales increased, reflecting growth across both the Pet and Garden segments.The company reported adjusted earnings of $1.54 per share, which surpassed the Zacks Consensus Estimate of $1.51 by 1.99% but fell from $1.56 reported in the year-ago quarter. Net sales of $882.4 million beat the Zacks Consensus Estimate of $877 million by 0.66%. Reported sales declined 8.2% year over year, primarily reflecting the exit of the pet distribution business. Organic net sales, excluding the impact of acquisitions and divestitures, increased 2% from the prior-year quarter to $862 million, supported by growth in both operating segments. CENT’s Margins Expand Despite Lower SalesGross profit decreased 4.5% year over year to $316.9 million. However, the gross margin expanded 130 basis points (bps) to 35.9% from 34.6%, benefiting from a favorable business mix, primarily due to the exit of the lower-margin pet distribution business. On an adjusted basis, gross profit was $318.1 million compared with $332.3 million a year ago. Adjusted gross margin expanded 140 bps to 36% from 34.6%. SG&A expenses declined 3% to $191.1 million from $196.9 million in the prior-year quarter. Adjusted SG&A expenses fell 5.7% year over year to $182.1 million. However, adjusted SG&A as a percentage of sales increased to 20.6% from 20.1%, primarily because the exited pet distribution business had a lower SG&A rate than the remaining portfolio. Operating income dropped 6.9% year over year to $125.8 million. The operating margin improved 20 bps to 14.3%. Adjusted operating income declined 2.2% to $136 million from $139 million in the year-ago quarter. Nevertheless, the adjusted operating margin expanded 90 bps to 15.4%, reflecting continued productivity improvements and favorable business mix, partially offset by higher corporate spending related to the TRIXIE acquisition and investments in data capabilities. Adjusted EBITDA totaled $161.9 million compared with $166.6 million in the prior-year quarter. The adjusted EBITDA margin improved 100 bps to 18.3%. CENT’s Segmental PerformanceNet sales in the Pet segment declined 18.7% year over year to $400.5 million, reflecting the exit of the pet distribution business. Organic Pet sales increased 1.7% to $380.3 million, driven by broad-based gains across most categories, partly offset by lower dog and cat sales due to promotional timing. Online sales rose 10%, aided by a record Prime Day, while the Professional business delivered another record quarter. The company continued to hold overall market share in Pet, with share gains across several categories, including Professional, Dog Treats, Rawhide and Flea & Tick. Pet segment operating income plunged to $66.8 million from $76.2 million in the prior-year quarter. The operating margin expanded to 16.7% from 15.5%. On an adjusted basis, Pet operating income totaled $76.2 million versus $77.9 million a year ago. The adjusted operating margin rose significantly to 19% from 15.8%, benefiting from improved product mix and productivity initiatives despite higher freight and material costs. Adjusted EBITDA was $85.6 million compared with $88.3 million in the prior-year period. The Garden segment generated net sales of $481.9 million, up 3% year over year, driven by strength in Wild Bird, Fertilizer, Controls and Grass Seed categories. The segment also maintained strong e-commerce momentum, with third-quarter online sales increasing more than 40% year over year, reflecting robust growth across both pure-play and omnichannel retail partners. Garden operating income increased 8.5% to $90.1 million from $83 million a year ago, while the operating margin expanded 100 bps to 18.7%. Adjusted Garden operating income jumped to $90.8 million from $85.2 million in the year-ago quarter. The adjusted operating margin improved to 18.9% from 18.2%, supported by favorable product mix and productivity gains that more than offset higher freight and digital marketing costs. Adjusted EBITDA rose to $100.8 million from $95.6 million. CENT Strengthens Balance SheetCentral Garden & Pet ended the quarter with cash and cash equivalents of $996.7 million compared with $713 million in the year-ago period. Total debt remained stable at approximately $1.2 billion. Cash provided by operating activities increased to $327 million from $265 million in the prior-year quarter, reflecting favorable seasonal working-capital movements. Capital expenditures totaled $13 million during the quarter. Gross leverage improved to 2.8X from 2.9X a year ago, while net leverage was 0.5X. The company repurchased about 26,000 shares during the quarter and had $128 million remaining under its current share repurchase authorization. CENT: Strategic UpdatesDuring the quarter, Central Garden & Pet continued to execute its Project Horizon logistics initiative, which is now approximately 95% complete. The project has consolidated Garden logistics into a unified national network by closing 13 facilities and opening two new locations, improving productivity, service levels and customer responsiveness. Subsequent to quarter-end, the company announced an agreement to acquire an 80% stake in TRIXIE, Europe's leading pet supplies and pet snacks company, for up to €400 million, including earn-out payments. The acquisition is expected to close in the first half of fiscal 2027 and is expected to expand Central's international presence, with approximately 10% of combined sales generated outside the United States, while creating a leading global pet supplies platform. Management also highlighted continued momentum from recent product innovation, including Nylabone dog chews made with real meat, Farnam's Endure Gold Fly Killer & Mosquito Control Spray, the Rebel Sun & Shade grass seed extension and new private-label programs. CENT Raises FY2026 OutlookReflecting strong year-to-date execution and improved visibility into the remainder of the fiscal year, Central Garden & Pet raised its fiscal 2026 adjusted earnings guidance to $2.85 per share or better from the prior expectation of $2.70 per share or better. The improved outlook is driven by sustained margin discipline, continued investment in growth endeavors and ongoing portfolio optimization. The outlook continues to assume a competitive promotional environment, value-conscious consumer spending, existing tariffs and inflation in select commodities. Capital expenditures are still expected to be approximately $50 million, focused on maintenance, productivity initiatives and targeted growth investments. Shares of Central Garden & Pet have advanced 14.4% over the past three months compared with the industry’s rise of 14.1%. CENT currently carries a Zacks Rank #4 (Sell). Stocks to ConsiderDarling Ingredients Inc. (DAR - Free Report) develops, produces and sells sustainable natural ingredients from edible and inedible bio-nutrients. At present, Darling Ingredients sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The consensus estimate for Darling Ingredients’ current fiscal-year sales and earnings implies growth of 12.8% and 926.5%, respectively, from the year-ago figures. DAR delivered a trailing four-quarter earnings surprise of 38.9%, on average. The Chefs' Warehouse, Inc. (CHEF - Free Report) , a premier distributor of specialty food products, currently carries a Zacks Rank #2 (Buy). CHEF delivered a trailing four-quarter earnings surprise of 30.4%, on average. The Zacks Consensus Estimate for CHEF’s current fiscal-year sales and earnings calls for growth of 10.8% and 24.7%, respectively, from the year-ago figures. The J. M. Smucker Company (SJM - Free Report) , which manufactures and markets branded food and beverage products, carries a Zacks Rank #2 at present. SJM delivered a trailing four-quarter earnings surprise of 1.5%, on average. The Zacks Consensus Estimate for J. M. Smucker’s current fiscal-year earnings indicates growth of 10% from the year-ago figures. |
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2026-08-06 14:56
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2026-08-06 09:00
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Nubz® Flavor Bursts Win “Flavored Dog Treat Product of the Year” in 2026 Pet Innovation Awards | FMP Stock News | |
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LOS ANGELES, Aug. 06, 2026 (GLOBE NEWSWIRE) -- The 2026 Pet Innovation Awards today announced that Nubz® Flavor Bursts , an innovative dog treat from Nylabone, an iconic brand in the Central Garden & Pet portfolio (NASDAQ: CENT) (NASDAQ: CENTA), is the winner of “Flavored Dog Treat Product of the Year.” The Pet Innovation Awards is an independent recognition platform highlighting the most innovative companies, services, and products in the highly competitive Pet Care industry. |
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2026-08-06 14:56
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2026-08-06 09:00
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Nylabone Wins “Chew Toy Product of the Year” In 2026 Pet Innovation Awards | FMP Stock News | |
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LOS ANGELES, Aug. 06, 2026 (GLOBE NEWSWIRE) -- The 2026 Pet Innovation Awards today announced that Nylabone, an iconic brand in the Central Garden & Pet portfolio (NASDAQ: CENT) (NASDAQ: CENTA), and its collection of chew toys made with real chicken, bison, venison, bacon, and beef have been awarded “Chew Toy Product of the Year.” The Pet Innovation Awards is an independent recognition platform highlighting the most innovative companies, services, and products in the highly competitive Pet Care industry. The eighth annual awards program highlights solutions and products shaping the future of pet care, from nutrition and wellness to grooming and safety.The chew toy line infuses the real tastes dogs simply can’t resist into Nylabone’s best-selling shapes, including the Original Bone, Textured Ring, Femur, Comfort-Hold Wishbone, and more. Proudly made in New Jersey, each occupying chew toy helps satisfy dogs’ natural chewing instincts and features textures that help clean teeth as they chew. “Our team thoughtfully develops products, like those in this chew toy collection, to keep dogs engaged while delivering the real tastes they love,” said Glen S. Axelrod, President and CEO of Nylabone Products. “We’re honored to be recognized by the Pet Innovation Awards. For more than 70 years, Nylabone has been committed to creating innovative products that support dogs’ natural chewing instincts, and we’re proud to continue helping pet parents care for their dogs with confidence.” The mission of the annual Pet Innovation Awards Program is to honor innovation and recognize excellence, hard work, and success in a range of Pet Care industry categories, including Apparel, Food & Treats, Health, Personalized & Functional Pet Nutrition, Sustainable & Eco-Friendly Pet Products, Retail & Services, Senior Pet Care, and more. The 2026 Pet Innovation Awards attracted thousands of nominations from around the world. “Nylabone gives dogs every reason to chew! Chewing helps to keep dogs mentally engaged, physically satisfied, and can aid in tartar buildup. The right toy ensures safe and healthy chewing while appealing to their natural instincts. Certain cravings and flavors have that same ancestral pull,” said Travis Grant, Managing Director, Independent Innovation Awards. “These innovative chew toys not only deliver durable, ongoing entertainment and oral health, but by featuring savory, authentic tastes, dogs get what they crave and love, while pet parents get a new way to indulge their furry babies. We’re awarding Nylabone with ‘Chew Toy Product of the Year!’” The U.S. Pet Care industry is poised for continued growth in 2026 after having reached $158 billion in 2025. The humanization of pets has contributed to them living longer, healthier lives. From products and services that keep pets healthy, like food and supplements, to advances that enhance well-being, such as insurance and household items, pet owners are becoming more intentional, prioritizing care, wellness, grooming, and pet accessories in 2026. About The Pet Innovation Awards Part of Independent Innovation Awards organization, a global market intelligence and recognition program within the most competitive consumer categories, The Pet Innovation Awards honors the most outstanding and innovative companies, services, and products within the rapidly expanding pet care industry. The Pet Innovation Awards provides public recognition for achievements of pet care industry companies and products including Apparel, Grooming & Cleaning, Food & Treats, Health, Retailers & Services and more. For more information visit: https://petinnovationawards.com. About Nylabone Nylabone, a leader in healthy chewing since 1955, crafts high-quality chew toys, tasty chew treats, exciting play toys, and innovative dental solutions. A family-founded company, Nylabone has a history of helping pet parents take the best possible care of their dogs. They are committed to developing world-class solutions for destructive chewing, separation anxiety, dental health, and more, helping dogs live fuller, happier lives. Recommended by veterinarians, Nylabone® products encourage a positive relationship between humans and their furry best friends. To put it simply, Nylabone Chews Best™! For more information, visit www.nylabone.com. Nylabone is a brand owned by TFH Publications, Inc. TFH Publications, Inc. is a subsidiary of California-based Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) and has been a leader in responsible animal care for over 70 years. About Central Garden & Pet Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) is a leading consumer goods company in the pet and garden industries. Guided by the belief that home is central to life, the company's purpose is to proudly nurture happy and healthy homes. For over 45 years, its innovative and trusted solutions have helped lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger. Central is home to a diversified portfolio of market-leading brands including Amdro®, Aqueon®, Best Bully Sticks®, Cadet®, C&S®, Farnam®, Ferry-Morse®, Kaytee®, Nylabone®, Pennington®, Sevin® and Zoёcon®. With fiscal 2025 net sales of $3.1 billion, the company has strong manufacturing and logistics capabilities supported by a passionate, entrepreneurial growth culture that incorporates sustainability. Central is headquartered in Walnut Creek, California, and employs more than 6,000 people, primarily across North America. Visit www.central.com to learn more. Media Contact: Travis Grant Pet Innovation Awards [email protected] 949.667.4475 |
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2026-08-06 02:53
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2026-08-05 21:20
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Central Garden & Pet Company (CENT) Q3 2026 Earnings Call Transcript | FMP Stock News | |
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Central Garden & Pet Company (CENT) Q3 2026 Earnings Call August 5, 2026 4:30 PM EDTCompany Participants Friederike Edelmann - Vice President of Investor Relations Nicholas Lahanas - CEO & Director Brad Smith - Chief Financial Officer John Hanson - President of Pet Consumer Products Jason Barnes - Executive Vice President of Garden Consumer Products J. Walker - President of Garden Consumer Products Conference Call Participants Taylor Zick - KeyBanc Capital Markets Inc., Research Division Will Gildea - CJS Securities, Inc. Brian McNamara - Canaccord Genuity Corp., Research Division Shovana Chowdhury - JPMorgan Chase & Co, Research Division James Chartier - Monness, Crespi, Hardt & Co., Inc., Research Division Hale Holden - Barclays Bank PLC, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by. Welcome to Central Garden & Pet's Fiscal 2026 Third Quarter Earnings Call. My name is Cleo, and I will be your conference operator for today. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the call over to Friederike Edelmann, Vice President, Investor Relations. Please go ahead. Friederike Edelmann Vice President of Investor Relations Good afternoon, everyone, and thank you for joining Central's Third Quarter Fiscal 2026 Earnings Call. Joining me today are Niko Lahanas, Chief Executive Officer; Brad Smith, Chief Financial Officer; John Hanson, President of Pet Consumer Products; J.D. Walker, President of Garden Consumer Products; as well as Jason Barnes, EVP of Garden Consumer Products. Niko will begin by highlighting today's key takeaways followed by Brad, who will walk through our financial performance and the acquisition of TRIXIE in greater detail. After their prepared remarks, John, J.D. and Jason will join us for the Q&A session. Before we get started, I would like to remind everyone that all forward-looking statements made during this call are subject to risks and uncertainties that could |
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2026-08-06 00:29
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2026-08-05 18:26
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Central Garden (CENT) Surpasses Q3 Earnings and Revenue Estimates | FMP Stock News | |
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Central Garden (CENT - Free Report) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.51 per share. This compares to earnings of $1.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1.99%. A quarter ago, it was expected that this maker of products for the pet supply and lawn and garden markets would post earnings of $1.08 per share when it actually produced earnings of $1.29, delivering a surprise of +19.44%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Central Garden, which belongs to the Zacks Consumer Products - Discretionary industry, posted revenues of $882.36 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.66%. This compares to year-ago revenues of $960.91 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Central Garden shares have added about 37.1% since the beginning of the year versus the S&P 500's gain of 13%. What's Next for Central Garden?While Central Garden has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Central Garden was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.05 on $586.21 million in revenues for the coming quarter and $2.89 on $2.99 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Discretionary is currently in the bottom 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Consumer Discretionary sector, Savers Value Village (SVV - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6. This retailer of second-hand merchandise is expected to post quarterly earnings of $0.14 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Savers Value Village's revenues are expected to be $450.09 million, up 7.9% from the year-ago quarter. |
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2026-08-06 00:29
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2026-08-05 20:05
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Central Garden & Pet Q3 Earnings Call Highlights | FMP Stock News | |
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3 Small-Cap Stocks on the Way to Bigger and Better DaysCentral Garden & Pet NASDAQ: CENT reported an 8% decline in fiscal third-quarter net sales to $882 million, primarily reflecting its exit from the pet distribution business at the beginning of the quarter. Excluding that business, organic net sales rose 2% to $862 million, supported by growth in both the pet and garden segments.The company also raised its fiscal 2026 outlook for non-GAAP diluted earnings per share to $2.85 or better, from prior guidance of $2.70 or better. The outlook excludes the effects of future acquisitions, including its pending purchase of an 80% interest in European pet supplies company TRIXIE, as well as potential divestitures, restructuring actions and further tariff refunds. Get Central Garden & Pet alerts: Margins Expanded Despite Lower Reported Sales MarketBeat ‘Stock of the Week’: Central Garden & Pet Non-GAAP gross profit declined 4% to $318 million, while gross margin increased 140 basis points to 36%. Non-GAAP operating income decreased 2% to $136 million, but operating margin rose 90 basis points to 15.4%. Chief Financial Officer Brad Smith said higher corporate spending related to the TRIXIE transaction and investments in data capabilities accounted for more than 100% of the decline in operating income. Non-GAAP net income fell 2% to $96 million, and non-GAAP diluted EPS was $1.54, compared with $1.56 in the prior-year quarter. Growth Ahead for Central Garden & PetAdjusted EBITDA was $162 million, compared with $167 million a year earlier, while adjusted EBITDA margin increased to 18.3% from 17.3%. Chief Executive Officer Niko Lahanas said the company delivered organic sales growth and margin expansion while continuing to invest in brands, innovation, eCommerce capabilities and supply-chain operations. He said consumers continue to seek value and performance, with eCommerce and private label serving as important growth areas in certain categories. Pet Sales Affected by Distribution Exit; Organic Business Grew Pet segment sales declined 19% to $400 million as a result of the distribution business exit. Organic pet sales, excluding the distribution operation, increased 2% to $380 million. The company cited broad gains across most of its pet portfolio, partly offset by lower Dog and Cat revenue tied primarily to the timing of promotional events and related investment spending. Lahanas said the pet business is showing stabilization, with strength in professional, equine, avian and small-animal categories. The company said it gained share in professional products, Dog Treats, Rawhide and Flea and Tick. Management also said a fire at a supplier plant in South America created supply issues for parts of the Dog and Cat business. Lahanas said the company had to source alternative supply and airship products, affecting both sales and margins. Smith said roughly two-thirds of the Dog and Cat sales decline was related to normal promotional timing differences, adding that July results were encouraging. Pet eCommerce sales rose 10% year over year, aided by a record Prime Day, according to Smith. Pet segment non-GAAP operating income declined 2% to $76 million, while operating margin improved 320 basis points to 19%. The lower operating income and higher margin largely reflected the exit of the lower-margin distribution business, improved product mix and productivity benefits, partially offset by higher material and freight costs. Garden Business Posts Growth Amid Uneven Weather Garden segment sales increased 3% to $482 million, driven by distribution wins and consumer demand in fertilizer, Wild Bird and grass seed. The company said sales in fertilizer and Wild Bird remained at record levels. Jason Barnes, executive vice president of Garden Consumer Products, described weather during the quarter as mixed, with cold and wet conditions followed by a heat dome and extended heat. Despite those conditions, he said the company’s brands and manufactured products rose mid- to high-single digits during the quarter, while its vendor-partner distribution business weighed on overall results. Garden eCommerce sales increased more than 40% from a year earlier, with growth across pure-play and omnichannel retail partners. The company said it gained market share in fertilizer, Wild Bird and grass seed. Garden non-GAAP operating income increased 7% to $91 million, and operating margin improved 70 basis points to 18.9%. Favorable mix and productivity gains more than offset higher freight and digital marketing costs. Adjusted EBITDA increased to $101 million from $96 million, while margin rose to 20.9% from 20.4%. Management said retailer inventories were in a favorable position entering the fourth quarter. Barnes said inventories were not a principal driver of third-quarter results, as shipments and consumption were relatively close, while stronger-than-expected retail sell-through in grass seed, fertilizer and Wild Bird drove performance. TRIXIE Deal Would Expand European Pet Presence Central recently entered into a definitive agreement to acquire an 80% interest in TRIXIE, a European pet supplies and pet snacks company. The transaction is expected to close in the first half of fiscal 2027. The deal calls for €340 million at closing and up to €60 million in additional earn-out consideration, for a potential total of €400 million. Smith characterized the purchase price as a high-single-digit EBITA multiple. TRIXIE serves more than 30,000 pet retail stores worldwide and has a portfolio that is about 90% branded products, Lahanas said. Central expects the combined companies to generate approximately 10% of sales outside the United States and to create a broader platform in the European pet specialty market. Management identified potential opportunities in innovation, sourcing, manufacturing, online penetration and logistics. Smith said the company does not expect meaningful synergies during the first year after closing, with benefits more likely to emerge in the second year as the companies develop a joint plan. Lahanas said the acquisition would not prevent Central from pursuing additional deals. The company sees Europe as an area of focus for pet-related acquisitions, while Smith noted that valuation multiples in Europe can be lower than those in the U.S. Cash Position and Logistics Program Cash provided by operations reached a company record of $327 million, up from $265 million a year earlier. Smith said the gain reflected strong cash conversion as well as inventory reductions associated with the distribution exit and grass seed inventory management. Central ended the quarter with $997 million in cash and cash equivalents, up $284 million from a year earlier. Total debt was $1.2 billion, with no borrowings under its credit facility. Gross leverage was 2.8 times, and net leverage was 0.5 times, though those figures exclude funding for the pending TRIXIE transaction. The company also said Project Horizon, its multiyear garden logistics modernization effort, is about 95% complete. Since 2022, Central has closed 13 facilities and opened two, consolidating separate garden distribution networks into a four-node national Central Logistics Network. Lahanas said all projects have been completed under budget with minimal customer disruption. About Central Garden & Pet (NASDAQ:CENT)Central Garden & Pet NASDAQ: CENT is a leading North American specialty retailer, manufacturer and distributor serving the lawn and garden and pet supplies markets. The company operates through two primary segments: Pet and Garden. In the Pet segment, Central Garden & Pet offers a comprehensive range of products including pet food, treats, accessories, training products and habitat solutions for dogs, cats, birds, fish and small animals. The Garden segment encompasses a wide array of lawn, garden and outdoor living products, such as soils, fertilizers, planters, pest control solutions, landscape lighting and watering equipment. Central Garden & Pet's product portfolio includes both proprietary and branded offerings. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in Central Garden & Pet Right Now?Before you consider Central Garden & Pet, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Central Garden & Pet wasn't on the list. While Central Garden & Pet currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow. Get This Free Report |
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2026-08-05 22:05
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Central Garden & Pet Announces Q3 Fiscal 2026 Financial Results | FMP Stock News | |
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WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #Acquisition--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a leading consumer goods company in the pet and garden industries, today announced financial results for its fiscal 2026 third quarter ended June 27, 2026. "Third quarter results showed continued strength across the business with improvements in both organic sales and margins versus last year, reflecting sharp execution and favorable margins due primarily to the exit of the pet di. |
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2026-07-30 13:33
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2026-07-30 08:55
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Central Garden & Pet to Participate in Investor Conferences | FMP Stock News | |
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WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #Boston--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA), a leading consumer goods company in the pet and garden industries, today announced that it will participate in the following upcoming investor conferences: CG 46th Annual Growth Conference (August 11) Boston, Mass. – Niko Lahanas, Chief Executive Officer, will participate in a fireside chat at 10:30 a.m. ET. Senior management will also host one-on-one meetings with institutional investors. Ba. |
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2026-07-28 18:18
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2026-07-28 12:06
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Central Garden Expands Europe Pet Business With TRIXIE Acquisition | FMP Stock News | |
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Key Takeaways Central Garden & Pet agreed to acquire a majority stake in Europe's pet supplies leader, TRIXIE.CENT expects the deal to expand its European presence and support long-term organic growth.CENT expects about 10% of net sales to come from outside the United States after the acquisition. Central Garden & Pet Company (CENT - Free Report) has entered into a definitive agreement to acquire a majority stake in TRIXIE Heimtierbedarf GmbH & Co. KG, Europe's leading pet supplies and pet snacks company. The transaction marks an important step in expanding Central Garden's European footprint while supporting its Central to Home strategy of broadening its portfolio of pet and garden brands and building a stronger global pet supplies platform.Founded in 1974 and headquartered in Tarp, Germany, TRIXIE serves more than 30,000 pet specialty retailers across international markets with a portfolio of over 6,000 products spanning dogs, cats, birds, reptiles and small animals. Around 90% of its sales come from proprietary brands, supported by consistent product development, extensive category knowledge and advanced logistics and fulfillment operations. Management expects the acquisition to strengthen Central Garden's ability to benefit from long-term industry trends such as increasing spending on pet health, premium products, pet humanization and pet technology. The combination is also expected to support organic growth through continued product innovation, broaden the company's distribution reach and create a scalable platform for expansion within Europe's fragmented pet specialty market. Following the transaction, approximately 10% of Central Garden's net sales are expected to be generated outside the United States, further strengthening its international presence. Following completion of the transaction, TRIXIE will operate as part of Central Garden's Pet segment, while its current leadership team will continue managing the business to ensure continuity. Central Garden also intends to utilize its sourcing network and product development expertise to support TRIXIE's future growth while maintaining the company's entrepreneurial culture, customer-focused approach and established market position. The transaction is expected to close during the first half of Central Garden's fiscal 2027, subject to regulatory approvals and customary closing conditions. The Zacks Rundown for CENTShares of this Zacks Rank #4 (Sell) company have soared 30.2% in the past six months compared with the industry’s growth of 3.9%. Image Source: Zacks Investment Research From a valuation standpoint, CENT trades at a forward price-to-earnings ratio of 14.51, lower than the industry’s average of 14.73. Image Source: Zacks Investment Research The Zacks Consensus Estimate for CENT’s current and next fiscal year earnings implies year-over-year growth of 5.9% and 3.8%, respectively. Image Source: Zacks Investment Research Stocks to ConsiderSome better-ranked stocks have been discussed below: Colruyt Group N.V. (CUYTY - Free Report) , together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, and internationally. It presently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for CUYTY's current financial-year sales and earnings indicates 7.4% and 2.5% growth, respectively, from the last year. Phibro Animal Health Corporation (PAHC - Free Report) operates as an animal health and mineral nutrition company in the United States, Latin America and Canada, Europe, the Middle East, Africa, and the Asia Pacific. PAHC currently carries a Zacks Rank of 2 (Buy). The Zacks Consensus Estimate for PAHC's current fiscal-year sales and earnings implies growth of 14.8% and 47.4%, respectively, from the year-ago actuals. PAHC delivered a trailing four-quarter earnings surprise of 16.3%, on average. Trupanion, Inc. (TRUP - Free Report) together with its subsidiaries, provides medical insurance for cats and dogs on a subscription basis in the United States, Canada, Continental Europe and Australia. It currently holds a Zacks Rank #2. The Zacks Consensus Estimate for TRUP’s current financial-year sales and earnings indicates 9.4% and 22.2% growth from the last year, respectively. TRUP reported a trailing four-quarter average earnings surprise of 250%. |
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2026-07-28 15:54
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Central Garden & Pet to Announce Q3 Fiscal 2026 Financial Results | FMP Stock News | |
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Central Garden and Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (âCentralâ), a leading consumer goods company in the pet and garden industries, will release its |
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2026-07-28 13:30
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Central Garden & Pet to Announce Q3 Fiscal 2026 Financial Results | FMP Stock News | |
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WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #CentralToHome--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a leading consumer goods company in the pet and garden industries, will release its fiscal 2026 third quarter results for the period ending June 27, 2026, after market close on Wednesday, August 5, 2026. On the same day, Central will host a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), led by CEO Niko Lahanas and CFO Brad Smith, to review these results and to. |
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2026-07-27 15:53
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2026-07-27 10:28
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Central Garden & Pet Company (CENT) M&A Call Transcript | FMP Stock News | |
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Central Garden & Pet Company (CENT) M&A Call Transcript |
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2026-07-27 15:53
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2026-07-27 11:03
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Central Garden & Pet's TRIXIE Deal Targets European Pet-Supplies Leadership | FMP Stock News | |
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3 Small-Cap Stocks on the Way to Bigger and Better DaysCentral Garden & Pet NASDAQ: CENT said it has signed an agreement to acquire a majority stake in TRIXIE, a German pet supplies company, in a transaction CEO Niko Lahanas described as a major expansion of the company’s pet business and a platform for Europe.Lahanas said the combination would make Central and TRIXIE “the largest pet supplies company globally,” while providing Central with what he called a strong beachhead in the European market. The company did not disclose a purchase price during the call, but management said the acquisition was valued at a high-single-digit multiple before synergies. Get Central Garden & Pet alerts: MarketBeat ‘Stock of the Week’: Central Garden & Pet “We feel like a lot of the risk has been taken out of the business because of the valuation that we’re getting it at,” Lahanas said. CFO Brad Smith added that the cited multiple excludes anticipated synergies. Founder Exit Created Acquisition Opportunity Lahanas said Central first visited TRIXIE in Germany in December and had since conducted diligence and negotiated valuation. He characterized the transaction as a “once-in-a-lifetime opportunity,” noting similarities between the companies, including TRIXIE’s founder-inspired culture. Growth Ahead for Central Garden & PetAccording to Lahanas, TRIXIE’s founder was seeking to exit the business and establish a foundation. The asset was offered through an auction process, though Central’s management team developed a strong relationship with TRIXIE’s leadership, he said. “The first meeting we had, it felt like we’d known each other for 10 years,” Lahanas said, describing the cultural fit as an important factor in the deal. Management said the process required extensive diligence because TRIXIE is a private German company and uses accounting practices that differ from those commonly used by Central. European Platform and Potential Synergies Central views TRIXIE as the largest player in Europe’s non-food pet-supplies market, supported by logistics capabilities, product assortment and a sales force. Lahanas said the company’s research indicates that Europe has a more fragmented market and potentially lower acquisition multiples than the U.S. While Central sees potential for additional European opportunities over time, Lahanas said the company intends first to focus on onboarding and integrating TRIXIE. “We don’t want to get too ahead of ourselves, though,” Lahanas said. “We’ve got to kind of digest this one around integration and just overall onboarding.” Management outlined several potential opportunities from the transaction: Cost synergies between the businesses. Distribution of Central-manufactured products in Europe through TRIXIE’s sales and logistics network. Broader U.S. distribution for selected TRIXIE products. Development of TRIXIE’s e-commerce capabilities, which Central said are underdeveloped. Potentially expanding Central’s exposure to the cat category, where TRIXIE has an existing presence. Lahanas said Central would initially prioritize nearer-term synergies, while longer-term opportunities could be substantial. Margins Expected to Be Accretive Despite Recent Sales Declines Management said TRIXIE’s margins are expected to be accretive to Central’s pet business, and that the transaction itself is expected to be accretive. However, the company said TRIXIE’s sales have declined by low single digits in recent years, reflecting what Lahanas described as a post-pandemic slowdown similar to conditions experienced by pet businesses in the U.S. Central said it has seen “green shoots” suggesting a return to revenue growth, although management cautioned that a turnaround could take time. TRIXIE is weighted toward durable pet products, but Central said consumables within the business have recently been growing faster than durables. Lahanas said Central’s consumable dog and cat offerings could help shift TRIXIE’s product mix. Smith distinguished TRIXIE’s durable-products business from Central’s U.S. durable operations. He said Central has been reducing lower-margin private-label durable product lines in the U.S., whereas TRIXIE is primarily focused on branded, premium-oriented products designed in-house and sold with what management considers compelling margins. Integration to Emphasize Culture in First Year TRIXIE will be incorporated into Central’s dog and cat business under the leadership of Senior Vice President of Dog & Cat Glen Axelrod, according to Lahanas. He said the companies already use the same enterprise resource planning system, which could help speed certain integration efforts. Still, Lahanas said Central plans to proceed carefully, particularly during the first year of ownership, to preserve TRIXIE’s culture and avoid disrupting the business. “For the first year, we’re going to be really culture, and it’s something that we want to be really careful with and not disrupt,” he said. “We don’t want to screw it up.” About Central Garden & Pet (NASDAQ:CENT)Central Garden & Pet NASDAQ: CENT is a leading North American specialty retailer, manufacturer and distributor serving the lawn and garden and pet supplies markets. The company operates through two primary segments: Pet and Garden. In the Pet segment, Central Garden & Pet offers a comprehensive range of products including pet food, treats, accessories, training products and habitat solutions for dogs, cats, birds, fish and small animals. The Garden segment encompasses a wide array of lawn, garden and outdoor living products, such as soils, fertilizers, planters, pest control solutions, landscape lighting and watering equipment. Central Garden & Pet's product portfolio includes both proprietary and branded offerings. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Central Garden & Pet Right Now?Before you consider Central Garden & Pet, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Central Garden & Pet wasn't on the list. While Central Garden & Pet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom. Get This Free Report |
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2026-07-27 13:29
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2026-07-27 08:01
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Central Garden & Pet To Acquire A Majority Interest In TRIXIE Heimtierbedarf GmbH & Co. KG, Europe's Leading Pet Supplies And Pet Snacks Company | FMP Stock News | |
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WALNUT CREEK, Calif. & TARP, Germany--(BUSINESS WIRE)---- $CENT #Acquisition--Central Garden & Pet Company (NASDAQ: CENT), (NASDAQ: CENTA) (“Central”), a leading consumer goods company in the pet and garden industries, today announced that it has entered into a definitive agreement to acquire a majority interest in TRIXIE Heimtierbedarf GmbH & Co. KG (“TRIXIE”), the leading European pet supplies and pet snacks company from founder, Bonnik Hansen, and current shareholders Dirk Jessen and Volker Haak. The acqui. |
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2026-07-23 18:13
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2026-07-23 11:44
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Central Garden & Pet Company: This Is Far From A Strong Growth Play | FMP Stock News | |
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Central Garden & Pet Company is rated 'Hold' due to stagnant growth and margin concerns, despite trading below sector multiples. CENT's pet segment growth has plateaued, while garden segment margin compression offsets revenue gains, raising questions about sustainable profitability. Management maintains full-year guidance despite industry spending increases, reflecting caution amid a shrinking addressable customer base and shifting consumer habits. |
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2026-07-13 18:03
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2026-07-13 13:16
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Can Cost & Simplicity Program Keep Expanding Central Garden's Margins? | FMP Stock News | |
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Key Takeaways Central Garden's cost and simplicity program is strengthening efficiency and business resilience.CENT expanded gross and operating margins through sales leverage, cost management and simplification.CENT is optimizing manufacturing and distribution to improve flexibility and support profitable growth. Central Garden & Pet Company (CENT - Free Report) noted that its Cost and Simplicity program has fundamentally strengthened the business. The company believes that these efforts have improved operational efficiency, enhanced organizational resilience and created a better-run business. Management also emphasized that this focus on cost discipline and simplification is now embedded in the company’s operating model and continues to shape the way it manages and executes its business.The company expanded second-quarter fiscal 2026 gross margin by 30 basis points to 33.1%, while operating margin improved to 12.6% from 11.2% in the prior-year period. Higher sales leverage, prudent cost management and ongoing organizational simplification supported margin expansion while allowing continued investment in key growth initiatives. Management highlighted multiple initiatives to simplify the business while enhancing execution and operational efficiency. As part of these efforts, the company relocated its DoMyOwn business to its Covington fulfillment center to improve delivery speed, reduce costs and increase network flexibility. Additionally, in the last earnings call transcript the company noted that it is consolidating Top Dog Best Bully Sticks manufacturing into its dog and cat platform in New Jersey to leverage scale and manufacturing capabilities better. The company also entered into a joint venture with Phillips Pet Food & Supplies while retaining a 20% ownership stake. Management believes that the partnership will strengthen and enhance the agility of its nationwide distribution network, simplify operations and allow the company to focus more directly on expanding its Central branded portfolio. The company believes that the streamlined structure supports better execution, stronger productivity and improved cost control while creating room to continue investing behind brands and innovation. Management also reaffirmed fiscal 2026 earnings guidance, noting that ongoing margin discipline and portfolio optimization remain central to its operating strategy despite inflation, tariffs and a promotional retail environment. Management expects adjusted earnings to be $2.70 per share or better. The Zacks Rundown for CENTShares of this Zacks Rank #3 (Hold) company have soared 29.6% in the past six months compared with the industry’s growth of 12.4%. Image Source: Zacks Investment Research From a valuation standpoint, CENT trades at a forward price-to-earnings ratio of 14.04, lower than the industry’s average of 14.76. Image Source: Zacks Investment Research The Zacks Consensus Estimate for CENT’s current and next fiscal year earnings implies year-over-year growth of 5.9% and 7.3%, respectively. Image Source: Zacks Investment Research Stocks to ConsiderSome better-ranked stocks have been discussed below: ARKO Corp. (ARKO - Free Report) operates a chain of convenience stores in the United States. ARKO currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for ARKO's current fiscal-year sales implies a decline of 2.8%, while the same for current fiscal-year earnings implies growth of 93.3% from the year-ago reported figures. ARKO delivered a trailing four-quarter earnings surprise of 43.2%, on average. Colruyt Group N.V. (CUYTY - Free Report) together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, and internationally. It presently flaunts a Zacks Rank #1. The Zacks Consensus Estimate for CUYTY's current financial-year sales and earnings indicates 7.4% and 2.5% growth, respectively, from the last year. Phibro Animal Health Corporation (PAHC - Free Report) operates as an animal health and mineral nutrition company in the United States, Latin America and Canada, Europe, the Middle East, Africa, and the Asia Pacific. PAHC currently carries a Zacks Rank of 2 (Buy). The Zacks Consensus Estimate for PAHC's current fiscal-year sales and earnings implies growth of 14.8% and 47.4%, respectively, from the year-ago actuals. PAHC delivered a trailing four-quarter earnings surprise of 16.3%, on average. |
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2026-07-06 18:11
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2026-07-06 13:01
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Can Central Garden's Pet Innovation Fuel Next Growth Phase? | FMP Stock News | |
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Key Takeaways Central Garden is investing in innovation and leading brands to support long-term growth and margins.CENT's Pet segment sales rose 5%, supported by consumables strength and higher-margin product categories.CENT introduced new pet products while maintaining market share and expanding distribution across categories. Central Garden & Pet Company (CENT - Free Report) is continuing to invest behind its strongest brands, innovation and consumer insights. Management said that these investments are gaining traction and positioning the business to drive both growth and margin expansion. While the company remains early in this journey, it expects innovation to become a more meaningful contributor as it continues to scale a more streamlined and efficient operating model.The Pet segment generated net sales of $477 million, up 5% year over year in the second quarter of fiscal 2026. Growth was driven by continued strength in the company's core consumables portfolio and the expected shift of Outdoor Cushions shipments from the first quarter into the second. Management highlighted healthy demand across its higher-margin dog and cat, equine and professional product lines, where innovation and execution continued to support top-line growth. The company also held overall market share while posting gains in categories including rawhide, dog treats, flea and tick, pet bird and professional products, alongside additional distribution gains across multiple categories. CENT also advanced its innovation pipeline during the quarter by introducing new branded and private-label products designed to deepen retailer partnerships and better connect with consumers. Recent pet launches included Nylabone dog chews made with real meat and Farnam Endure Gold Killer Fly & Mosquito Control Spray for horses, further expanding the company's branded portfolio. Overall, management believes continued investment in innovation, disciplined execution and portfolio optimization will strengthen the pet business over time. As innovation becomes a larger contributor within a more efficient operating model, the company expects these initiatives to support future growth while reinforcing retailer partnerships and expanding opportunities across its core pet categories. The Zacks Rundown for CENTShares of this Zacks Rank #1 (Strong Buy) company have soared 38.9% in the past six months compared with the industry’s gain of 8%. Image Source: Zacks Investment Research From a valuation standpoint, CENT trades at a forward price-to-earnings ratio of 14.41, lower than the industry’s average of 15.25. Image Source: Zacks Investment Research The Zacks Consensus Estimate for CENT’s current and next fiscal year earnings implies year-over-year growth of 5.9% and 7.3%, respectively. Image Source: Zacks Investment Research Other Stocks to ConsiderSome other top-ranked stocks have been discussed below: Ollie’s Bargain Outlet Holdings Inc. (OLLI - Free Report) is a retailer of closeout merchandise and excess inventory in the United States. It holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The Zacks Consensus Estimate for Ollie Bargain’s current financial-year sales and earnings indicates 12.7% and 17.1% growth from the last year, respectively. OLLI reported a trailing four-quarter average earnings surprise of 4.9%. Phibro Animal Health Corporation (PAHC - Free Report) operates as an animal health and mineral nutrition company in the United States, Latin America and Canada, Europe, the Middle East, Africa, and the Asia Pacific. PAHC carries a Zacks Rank of 2. The Zacks Consensus Estimate for PAHC's current fiscal-year sales and earnings implies growth of 14.8% and 47.4%, respectively, from the year-ago actuals. PAHC delivered a trailing four-quarter earnings surprise of 16.3%, on average. Trupanion, Inc. (TRUP - Free Report) together with its subsidiaries, provides medical insurance for cats and dogs on a subscription basis in the United States, Canada, Continental Europe, and Australia. It holds a Zacks Rank #2. The Zacks Consensus Estimate for TRUP’s current financial-year sales and earnings indicates 9.4% and 20% growth from the last year, respectively. TRUP reported a trailing four-quarter average earnings surprise of 4.9%. |
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2026-06-12 19:02
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2026-04-27 16:35
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Central Garden & Pet to Announce Q2 Fiscal 2026 Financial Results | FMP Stock News | |
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WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #CentralToHome--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a leading consumer goods company in the pet and garden industries, will release its fiscal 2026 second quarter results for the period ending March 28, 2026, after market close on Wednesday, May 6, 2026. On the same day, Central will host a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), led by CEO Niko Lahanas and CFO Brad Smith, to review these results and to. |
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2026-06-12 19:02
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2026-04-29 11:16
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CHWY vs. CENT: Which Pet-Care Stock Is the Better Buy Now? | FMP Stock News | |
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Chewy's Autoship strength, AI push and vet expansion drive growth, while Central Garden & Pet boosts efficiency via portfolio shifts and a new distribution JV. |
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2026-06-12 19:02
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2026-05-04 14:46
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Central Garden's Q2 Earnings Coming Up: Key Insights for Investors | FMP Stock News | |
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CENT's margin focus, shipment timing and consumables strength are likely to support Q2 results despite macro pressures. |
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2026-06-12 19:02
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2026-05-06 10:41
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Is Central Garden & Pet (CENT) Stock Undervalued Right Now? | FMP Stock News | |
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Original source text
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
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2026-06-12 19:02
4mo ago
Published
2026-05-06 16:02
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Central Garden & Pet Announces Record Q2 Fiscal 2026 Financial Results | FMP Stock News | |
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Original source text
WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #CentralToHome--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a leading consumer goods company in the pet and garden industries, today announced financial results for its fiscal 2026 second quarter ended March 28, 2026. “We continued to build on our solid start to the year, ending the quarter with higher sales, expanded operating margins, and increased earnings per share versus last year, driven by consistent execution and improving performa. |
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2026-06-12 19:02
4mo ago
Published
2026-05-06 18:25
5mo ago
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Central Garden (CENT) Beats Q2 Earnings and Revenue Estimates | FMP Stock News | |
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Original source text
Central Garden (CENT) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.04 per share a year ago. |
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Saved
2026-06-12 19:02
4mo ago
Published
2026-05-06 22:11
5mo ago
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Central Garden & Pet Company (CENT) Q2 2026 Earnings Call Transcript | FMP Stock News | |
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Original source text
Central Garden & Pet Company (CENT) Q2 2026 Earnings Call Transcript |
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Saved
2026-06-12 19:02
4mo ago
Published
2026-05-07 02:41
5mo ago
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Central Garden & Pet Company's Becoming A Good Boy (Rating Upgrade) | FMP Stock News | |
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Original source text
Central Garden & Pet Company is upgraded from 'hold' to a soft 'buy' as financial performance and segment stability improve. Both Pet and Garden segments posted revenue and profit growth, with Pet segment strength driven by consumables and market share gains. CENT trades at attractive valuation multiples, ranking as the cheapest among peers on an EV/EBITDA basis. |
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Saved
2026-06-12 19:02
4mo ago
Published
2026-05-07 09:51
5mo ago
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CENT Q2 Earnings Beat Estimates on Strong Pet and Garden Sales | FMP Stock News | |
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Original source text
Central Garden & Pet posts a Q2 earnings beat as Pet and Garden sales rise, margins improve and both segments deliver strong operating growth. |
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Saved
2026-06-12 19:02
4mo ago
Published
2026-05-11 08:40
5mo ago
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Central Garden & Pet to Participate in Investor Conferences | FMP Stock News | |
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Original source text
WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #FinancialResults--Central Garden & Pet Company (NASDAQ: CENT), (NASDAQ: CENTA), a leading consumer goods company in the pet and garden industries, today announced that members of its management team will participate in the following upcoming investor conferences and host meetings with institutional investors: CJS Securities 2nd annual Spring Virtual 1x1 Conference (May 13) Virtual – Brad Smith, Chief Financial Officer; John Jordan, CFO, Garden Segment; and Friederike Ed. |
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Saved
2026-06-12 19:02
4mo ago
Published
2026-05-12 10:41
5mo ago
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Are Consumer Discretionary Stocks Lagging Central Garden & Pet (CENT) This Year? | FMP Stock News | |
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Original source text
Here is how Central Garden (CENT) and Carter's (CRI) have performed compared to their sector so far this year. |
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Saved
2026-06-12 19:02
4mo ago
Published
2026-05-20 07:02
5mo ago
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Farnam Celebrates 80 Years of Horse Care With New Innovations and the Horse Care Grant Sweepstakes | FMP Stock News | |
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Original source text
PHOENIX--(BUSINESS WIRE)-- #BarnLife--Farnam, a trusted leader in horse care for 80 years and part of the Central Garden & Pet portfolio, is celebrating its anniversary by continuing its commitment to horse owners through trusted horse care solutions, continued innovation, and the launch of the Horse Care Grant Sweepstakes. Since 1946, Farnam has helped support horses from head to hoof with trusted products across fly control, supplements, grooming, leather care, dewormers and rodenticides. Passed down. |
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