Central Garden & Pet Company (CENT)

In the past six months, Central Garden & Pet Co. announced its Q2 Fiscal 2025 financial results in May, reporting GAAP EPS of $0.98 and non-GAAP EPS of $1.04, with net sales decreasing by 7% to $834 million. In August, the company reported its Q3 Fiscal 2025 earnings, with EPS of $1.56 surpassing consensus estimates, but revenue falling short of expectations. Mid-August saw Central Garden & Pet raising its fiscal 2025 non-GAAP EPS outlook to $2.60, leading to a share increase. In October, the stock hit new 52-week lows. Factors influencing the company's performance include softer consumer demand, challenges in durable pet products, assortment rationalization, the exit of product lines, adverse weather, and tariff concerns.

Central Garden & Pet Co.'s products and services experience demand seasonality, particularly within its Garden segment, with increased sales during the Northern Hemisphere's gardening season and slower sales during the winter months. First-quarter garden sales constitute approximately 15% of the business unit's annual revenue, and adverse weather conditions can significantly impact garden sales. The company's cash flow profile indicates that it is a seasonal business that needs to build up inventory during specific quarters.

Central Garden & Pet Co. operates in the pet and lawn & garden supplies industries, categorized under "Other Consumer Non-Durables," "Consumer Discretionary," and "Consumer Specialties." The company is divided into Pet and Garden segments. The Pet segment includes dog and cat supplies, aquatics, small animal, reptile, pet bird supplies, animal and household health products, live fish, products for horses and livestock, and outdoor cushions and pillows. The Garden segment includes lawn and garden supplies, grass seed, wild bird feed, fertilizers, decorative outdoor lifestyle products, live plants, and herbicides, insecticides, and pesticides.

Central Garden & Pet Co. is based in Walnut Creek, California, with offices across North America and Europe. The company primarily focuses on the United States, where it is a leading producer and distributor in the pet and lawn & garden supplies industries. It also operates a pet sales and distribution facility in the United Kingdom.

Central Garden & Pet Co. has been associated with positive brand activities, including Nylabone sponsoring the reunification of a retired military working dog with its former handler and partnering with Cal Athletics to promote pet welfare. The ADAMS™ Botanicals Spray also won multiple awards for Best Flea & Tick Solution of 2025.

As of September 2025, VOYA INVESTMENT MANAGEMENT LLC is the primary institutional investor, holding 16.01K shares, representing 0.03% of the stock as of September 30, 2025. Other significant institutional holders as of June 2025 include BlackRock, Inc., VANGUARD GROUP INC, Allspring Global Investments Holdings, LLC, DIMENSIONAL FUND ADVISORS LP, and MORGAN STANLEY.