Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Central Garden & Pet (CENT)
NASDAQ:CENT
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.92Last Year’s EPS
0.99Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: 0.38%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a positive start to the fiscal year with strong financial performance, particularly in e-commerce and profit margins, driven by effective cost management and strategic initiatives. However, challenges such as potential tariffs, a softer consumer environment, and certain segment declines pose risks. The company remains confident in its strategy and guidance for the year.Company Guidance
During the Garden & Pets Fiscal 2025 First Quarter Earnings Call, the company outlined several key metrics and strategic initiatives. The company reported a 3% increase in net sales to $656 million, driven by favorable weather and promotional activities. Earnings per share rose to $0.21 from $0.01 a year ago, with net income at $14 million compared to $430,000 in the prior year. The gross margin improved by 160 basis points to 29.8%, and SG&A expenses decreased by 2%. The Pet segment saw a 4% increase in net sales to $427 million, with e-commerce accounting for 28% of pet sales. The Garden segment net sales grew by 2% to $229 million. The company reaffirmed its fiscal 2025 guidance for non-GAAP EPS of $2.20 or higher, while emphasizing ongoing investments in e-commerce and digital capabilities. The call also highlighted the successful implementation of the Cost and Simplicity program, which contributed to the improved margins.Strong Financial Performance
Net sales increased by 3% to $656 million. Operating income increased to $28 million from $8 million in the prior year quarter, with operating margin improving by 300 basis points to 4.3%.
Record E-commerce Growth
E-commerce now accounts for 28% of pet sales, with net sales growing 6% over the prior year. Garden e-commerce sales grew double digits.
Improved Profit Margins
Gross profit grew to $196 million from $179 million, with a gross margin improvement of 160 basis points to 29.8%. SG&A expenses decreased by 2%.
Successful Cost and Simplicity Program
The program led to productivity gains, safety improvements, and distribution optimization, particularly with the new facility in Covington, Georgia.
Positive Outlook and Guidance
Reaffirmed fiscal 2025 guidance for non-GAAP EPS of $2.20 or higher, despite challenges.
---
CENT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CENT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $37.07 | $40.16 | +8.34% |
| Nov 25, 2024 | $38.81 | $39.83 | +2.63% |
| Aug 07, 2024 | $38.00 | $40.22 | +5.84% |
| May 08, 2024 | $41.73 | $46.50 | +11.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Central Garden & Pet (CENT) report earnings?
Central Garden & Pet (CENT) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Central Garden & Pet (CENT) earnings time?
Central Garden & Pet (CENT) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CENT EPS forecast?
CENT EPS forecast for the fiscal quarter 2025 (Q2) is 0.92.
---