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Central Garden & Pet Co. - CENTA STOCK NEWS

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

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 & 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 & Pet Co.'s position in the market.

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
-
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
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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
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
-
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
-
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
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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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
-
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
Rhea-AI Summary
Central Garden & Pet Company reports Q3 net sales of $1,023 million and EPS of $1.56; Raises outlook for fiscal 2023 Non-GAAP EPS to $2.55 or better
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.22%
Tags
Central Garden & Pet Co.

Nasdaq:CENTA

CENTA Rankings

CENTA Stock Data

2.50B
57.89M
3.81%
87.97%
1.18%
Dog and Cat Food Manufacturing
Manufacturing
Link
US
Walnut Creek

About CENTA

Central Garden & Pet is a market leader in the Garden and Pet industries. For over 40 years, Central has proudly nurtured happy and healthy homes by bringing innovative and trusted solutions to its consumers and customers.