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Central Garden and Pet Co - $CENT STOCK NEWS

Welcome to our dedicated page for Central Garden and Pet Co news (Ticker: $CENT), a resource for investors and traders seeking the latest updates and insights on Central Garden and Pet Co stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Central Garden and Pet Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Central Garden and Pet Co's position in the market.

News
Nylabone Donates Chew Toys to Eight Animal Organizations Through New Holiday Enrichment Program
Rhea-AI Summary
Nylabone® (NASDAQ: CENT, CENTA) donates 1,600 Strong Chew stuffable cone toys to animal welfare groups, valued at over $20,000, as part of the Holiday Enrichment program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.71%
Tags
none
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News
Central Garden & Pet Announces Stock Dividend
Rhea-AI Summary
Central Garden & Pet Company (NASDAQ: CENT) announced a special dividend of one share of Class A Common Stock for every four outstanding shares of Common Stock, Class A Common Stock, and Class B Common Stock. The distribution aims to enhance liquidity and flexibility for growth objectives. The outstanding shares of Class A Common Stock will increase from approximately 41.1 million to approximately 54.6 million. Dividend shares of Class A Common Stock are expected to be distributed on February 8, 2024, to stockholders of record on January 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
Tags
dividends
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News
Nylabone Gives Donations Valued at Over $900,000 to Animal Welfare Groups in 2023
Rhea-AI Summary
Nylabone (CENT, CENTA) Donates Nearly $1,000,000 in Chew Toys, Treats, and Monetary Contributions to Animal Welfare Groups in 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
none
News
Central Garden & Pet Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) announced fiscal 2023 net sales of $3.3 billion, GAAP EPS of $2.35, and non-GAAP EPS of $2.59. Fiscal 2024 non-GAAP EPS is expected to be $2.50 or better. The company faced challenges due to evolving consumer behavior, unfavorable retailer inventory dynamics, high inflation, and extreme weather. Despite this, they achieved non-GAAP EPS within their guidance, turned inventories into cash, and generated record cash flow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.94%
Tags
earnings
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News
Central Garden & Pet to Announce Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) will announce Q4 and fiscal year 2023 results on November 20, 2023. The company will hold a conference call to discuss the results and provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
Tags
earnings
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News
Nylabone Kicks Off Holiday Shopping Season with Gift Box Collections for Dogs
Rhea-AI Summary
Central Garden & Pet (NASDAQ: CENT, CENTA) subsidiary Nylabone introduces The Box, a gift box collection with durable chew toys and natural chew treats for dogs of different sizes. The Box is available for purchase on Amazon and Chewy, offering a variety of flavors, textures, and shapes to provide a fun, flavor-packed chewing adventure for dogs during the holiday season and beyond.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.63%
Tags
none
News
Central Garden & Pet Acquires Pet Treat Company TDBBS
Rhea-AI Summary
Central Garden & Pet has acquired TDBBS, a provider of premium natural dog chews and treats. This acquisition will expand Central's portfolio and strengthen its eCommerce and digital capabilities. TDBBS offers a wide variety of natural, grain and gluten-free products that are low in fat and high in protein. They sell their products online direct-to-consumer and through various retailers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
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News
Central Garden & Pet Announces Appointment of Lead Independent Director, Beth Springer, as Interim Chief Executive Officer
Rhea-AI Summary
Tim Cofer departs Central Garden & Pet to join Keurig Dr Pepper as COO, will become CEO in Q2 2024. Central reaffirms fiscal 2023 non-GAAP EPS of $2.55 or better.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
management
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News
Keurig Dr Pepper Appoints Veteran CPG Executive as Chief Operating Officer and Announces Plan for CEO Succession
Rhea-AI Summary
Tim Cofer joins Keurig Dr Pepper as COO, will become CEO in Q2 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
management
News
Ferry-Morse Announces Return of Fall PlantlingsPlus Line Available for Online Purchase to Help Gardeners Extend the Growing Season
Rhea-AI Summary
Ferry-Morse unveils Fall PlantlingsPlus Collection with 17 new varieties and over 40 vegetable, herb, and flower baby plants for fall gardening season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
none
Stock CENT logo
Central Garden and Pet Co

Nasdaq:CENT

CENT Rankings

#1572 Ranked by Market Cap
#1825 Ranked by Stock Gains
N/A Ranked by Dividends

CENT Stock Data

2.94B
57.89M
13.92%
102.07%
1.69%
Dog and Cat Food Manufacturing
Manufacturing
Link
United States of America
WALNUT CREEK

About CENT

central garden & pet company is a leading innovator, marketer and producer of quality branded products for consumer and professional use in the lawn and garden and pet supplies markets. for years, we have successfully helped consumers beautify their outdoor living spaces and promote healthy interaction with their pets. the foundation of our success is our dedication to innovation, quality and service.