Welcome to our dedicated page for Central Garden & Pet Co news (Ticker: CENTA), a resource for investors and traders seeking the latest updates and insights on Central Garden & Pet Co stock.
Central Garden & Pet Company (NASDAQ: CENT, CENTA) is active in the pet and garden industries, and its news flow reflects both corporate developments and brand-level initiatives. As a manufacturer with Pet and Garden segments, Central reports on topics ranging from financial results and logistics investments to product launches and acquisitions.
Investors following CENTA news can see updates on quarterly and annual financial performance, including earnings releases and outlook revisions that the company announces through press releases and related webcasts. Central also issues news about its participation in investor conferences, where senior management hosts fireside chats and meets with institutional investors.
Brand-focused news highlights activity across Central’s portfolio. For example, Nylabone has announced donations through its Nylabone Cares program and new chew toy collections, while Kaytee has introduced The Birder Hub as a digital destination for birding education. Arden Companies, part of the Central portfolio, has launched heated stadium cushions and partnerships such as its collaboration with USA Curling. Central has also reported on acquisitions, including the purchase of the U.S. assets of Champion USA and its JustiFLY cattle fly-control products.
Operational updates appear in news about Central’s logistics network, such as the opening of a state-of-the-art fulfillment center in Salt Lake City, Utah and the broader Supply Network Design project. For ongoing insight into how Central executes its strategy in the pet and garden sectors, readers can use this page to track CENTA news across earnings, operations, brand activity, and corporate transactions.
Central Garden & Pet Company (NASDAQ: CENT, CENTA) has revised its fiscal 2022 GAAP EPS guidance to be at or above last year’s $2.75, primarily due to challenges in the Garden segment. High inflation, geopolitical tensions, and poor weather have negatively impacted commodities and consumer demand, leading to a disappointing Garden season. Despite these setbacks, the company remains confident in its Central to Home strategy and plans for long-term growth in the Pet and Garden sectors, backed by investments in innovation and eCommerce.
Kaytee, part of Central Garden & Pet (NASDAQ: CENT, CENTA), launches the #SmallinShow initiative to celebrate small pets. With over 16 million small pet enthusiasts, the campaign includes a virtual award show inviting pet owners to share stories and pictures of their small animal companions. The contest aims to highlight the personalities of small pets, culminating in the selection of three winners who will receive a year’s supply of Kaytee products. This initiative reinforces Kaytee's long-standing commitment of over 150 years to the well-being of small pets and their owners.
Central Garden & Pet Company (NASDAQ: CENT, CENTA) announced that CFO Niko Lahanas will present at the Oppenheimer 22nd Annual Consumer Growth & E-Commerce Conference on Tuesday, June 14, at 2:15 PM Eastern Time. The presentation will be accessible via live webcast and on-demand replay on the company's investor relations website at ir.central.com. Central Garden & Pet, based in Walnut Creek, California, generated $3.3 billion in net sales in fiscal 2021, offering over 65 brands in the pet and garden sectors.
Central Garden & Pet Company (NASDAQ: CENTA) reported a 2% increase in Q2 fiscal 2022 net sales to $954 million, with diluted GAAP EPS of $1.27. Sales growth was attributed to acquisitions, which contributed $52 million despite a 3.5% decline in organic net sales. Gross margin improved to 30.1%, and operating income rose to $107 million. However, net income decreased by 4% to $70 million. The company maintains its fiscal 2022 EPS guidance at $3.10 or better, acknowledging rising costs and normalization of consumer demand.
Central Garden & Pet Company (NASDAQ: CENT, CENTA) will announce its Q2 FY2022 financial results on May 4, 2022, after market close. The announcement will be followed by a conference call at 4:30 p.m. ET, featuring CEO Tim Cofer and CFO Niko Lahanas. The company reported net sales of $3.3 billion for fiscal 2021 and boasts a robust portfolio of over 65 brands. Central is committed to elevating living spaces through innovative products in the pet and garden sectors.
Ferry-Morse, a leading U.S. gardening seed company, has launched innovative digital tools to enhance the gardening experience. These include the Garden Matchmaker for personalized seed recommendations and the new Ferry-Morse Rewards Program offering points for purchases. Their Plantlings™ collection features over 100 varieties of nurtured plants, aimed at efficient gardening. The company emphasizes personalized support through its blog The Greenhouse, providing valuable gardening content. With a history dating back to 1856, Ferry-Morse remains dedicated to quality and sustainability.
Ferry-Morse, a leading home gardening seed company, is hosting its first annual Garden Get-Together on
Central Garden & Pet Company announces the appointment of Joyce McCarthy as General Counsel, effective April 4, 2022. She succeeds George Yuhas, who is retiring after 11 years. McCarthy brings extensive legal experience, previously serving as General Counsel for Ferrara Candy Company and holding various roles at Colgate-Palmolive. The company, based in Walnut Creek, California, reported $3.3 billion in net sales for fiscal 2021 and emphasizes a mission focused on the pet and garden industries.
Central Garden & Pet Company (NASDAQ: CENT, NASDAQ: CENTA) announced that CFO Niko Lahanas will present at the BofA Securities 2022 Consumer and Retail Technology Conference in New York City on March 8, 2022, at 10:30 a.m. ET. The event will be audiocast live, with a replay available on Central's website. Central, a leader in the garden and pet industries, reported $3.3 billion in net sales for fiscal 2021 and boasts over 65 brands, including Pennington and Nylabone, and has a strong distribution network across North America and Europe.
Central Garden & Pet Company (NASDAQ: CENT, CENTA) reported a 12% increase in net sales to $661 million for Q1 fiscal 2022, supported by acquisitions. Diluted GAAP EPS grew by $0.06 to $0.16. The Garden segment saw a 45% sales increase, while Pet segment sales remained steady at $436 million. However, operating income declined by 3% to $26 million, impacted by inflation and increased investments. The company has a fiscal 2022 EPS guidance of $3.10 or better, considering rising commodity costs and shifting consumer demand patterns.
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