Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States. It provides pet supplies products, including edible chews and treats, dog chew toys, dog play toys, natural dog treats and chews, pet dental chews and solutions, dog training pads, pet containment, grooming supplies, and other accessories; products for birds, small animals, and specialty pets comprising food, cages and habitats, toys, chews, and related accessories; animal and household health and insect control products; live fish and products for fish, reptiles, and other aquarium-based pets, such as aquariums, furniture and lighting fixtures, pumps, filters, water conditioners, food, and supplements; and products for horses and livestock, as well as outdoor cushions and pillows. The company sells its pet supplies products under the Aqueon, Cadet, Comfort Zone, Farnam, Four Paws, Kaytee, K&H Pet Products, Nylabone, and Zilla brands, as well as under Adams, Altosid, Arden Companies, Coralife, C&S Products, Interpet, Pet Select, TFH, and Zodiac other brands. It also offers lawn and garden supplies products that include grass seed; wild bird feed, bird feeders, bird houses, and other birding accessories; fertilizers; decorative outdoor lifestyle products; live plants; and weed and grass, as well as other herbicides, insecticide, and pesticide products. The company sells its lawn and garden supplies products under the AMDRO, Ironite, Pennington, and Sevin brands, as well as under Bell Nursery, Lilly Miller, and Over-N-Out other brand names. Central Garden & Pet Company was founded in 1955 and is based in Walnut Creek, California.
IPO Year: 1993
Exchange: NASDAQ
Website: central.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/28/2024 | $50.00 | Hold → Buy | Argus |
| 3/12/2024 | $52.00 | Buy | Canaccord Genuity |
| 11/30/2021 | Buy → Hold | Argus Research |
Argus upgraded Central Garden from Hold to Buy and set a new price target of $50.00
Canaccord Genuity initiated coverage of Central Garden with a rating of Buy and set a new price target of $52.00
Argus Research downgraded Central Garden & Pet from Buy to Hold
Argus upgraded Central Garden from Hold to Buy and set a new price target of $68.00
Truist Securities upgraded Central Garden & Pet from Hold to Buy and set a new price target of $65.00 from $45.00 previously
Truist upgraded Central Garden from Hold to Buy
SC 13G/A - CENTRAL GARDEN & PET CO (0000887733) (Subject)
SC 13G/A - CENTRAL GARDEN & PET CO (0000887733) (Subject)
SC 13G/A - CENTRAL GARDEN & PET CO (0000887733) (Subject)
SC 13G/A - CENTRAL GARDEN & PET CO (0000887733) (Subject)
Niko Lahanas, Former Central CFO, Brings 18 Years of Experience at the Company Brad Smith, Former CFO, Pet Segment, Appointed Central CFO Interim CEO and Director Beth Springer to Return to Role of Lead Independent Director Central Garden & Pet Company (NASDAQ:CENT), (NASDAQ:CENTA), ("Central" or "the Company"), a market leader in the Pet and Garden industries, announced today that Niko Lahanas has been appointed Chief Executive Officer, and Brad Smith has been appointed Chief Financial Officer, effective September 29, 2024. Mr. Lahanas will also join Central's Board of Directors. Mr. Lahanas succeeds Beth Springer, who has served as Interim Chief Executive Officer since October, 2023. M
Nylabone®, an iconic brand in the Central Garden & Pet portfolio (NASDAQ:CENT) (NASDAQ:CENTA) has been named a 2024-2025 Top Performer by the Pet Sustainability Coalition (PSC). This award recognizes the highest-achieving companies in the pet industry that are committed to social and environmental responsibility across all areas of their business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240812366417/en/Nylabone® has been named a 2024-2025 Top Performer by the Pet Sustainability Coalition (PSC). This award recognizes the highest-achieving companies in the pet industry committed to social and environmental responsibility ac
Central Garden & Pet Company (NASDAQ:CENT), (NASDAQ:CENTA), ("Central"), a market leader in the Pet and Garden industries, announced today that Niko Lahanas, CFO, will be hosting 1-on-1 meetings at the Barclays 17th Annual Global Consumer Staples Conference on Tuesday, September 3, 2024. About Central Garden & Pet Central Garden & Pet (NASDAQ:CENT) (NASDAQ:CENTA) understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. With fiscal 2023 net sales of $3.3 billion, Central is on a mission to lead the future of the Pet and Garden industries. The Company's innovative and trusted products are dedicated to helping lawns grow greener, gardens
Fiscal 2024 Q3 net sales of $996 million compared to $1,023 million a year ago Fiscal 2024 Q3 GAAP EPS of $1.19 vs. $1.25 a year ago, Non-GAAP EPS of $1.32 vs. $1.40 a year ago Maintains outlook for fiscal 2024 non-GAAP EPS of $2.00 or better ($2.50 or better before the February 2024 stock dividend) Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, today announced financial results for its fiscal 2024 third quarter ended June 29, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807439810/en/ "We delivered a solid third quarter earnings performanc
Barkworthies®, a leading natural dog chew brand in the Central Garden & Pet portfolio (NASDAQ:CENT) (NASDAQ:CENTA), is now offering their hickory smoked chews in single-count bulk trial pack format, allowing pet parents the flexibility to select the exact variety that fits their dog and budget. The line features the brand's same high-value chews smoked in small batches over real hickory wood, delivering the ultimate flavor indulgence. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240806162478/en/Barkworthies®, a leading natural dog chew brand in the Central Garden & Pet portfolio, is now offering their hickory smoked chews in s
Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, will announce results for its fiscal 2024 third quarter ended June 29, 2024, after the close of trading on Wednesday, August 7, 2024. On that day, Central will hold a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), hosted by Beth Springer, Interim CEO, and Niko Lahanas, CFO, to discuss these results and to provide a general business update. The live webcast and a replay as well as related materials will be accessible at http://ir.central.com. Alternatively, to participate by phone, please dial +1 (201) 689-8345 (domestic and international). About C
New Hub Created to Support Beginner and Experienced Freshwater and Saltwater Fish Keepers Aqueon, a leading aquatic solution brand in the Central Garden & Pet portfolio (NASDAQ:CENT) (NASDAQ:CENTA), announced today the launch of the brand's first app, BlueIQ. Created to provide an end-to-end solution for new and experienced fish keepers, the app offers guides, tips, and tricks that take the guesswork out of aquarium maintenance to provide the ultimate experience for the fish we love. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240613133365/en/Aqueon® Launches BlueIQ™ App for Smart and Easy Aquarium Care - New Hub Created to
Partnership kicked off with a "gARDEN Party" in Nashville, Tennessee ARDEN, a leading outdoor patio cushion brand in the Central Garden & Pet Company portfolio (NASDAQ:CENT) (NASDAQ:CENTA), and rising country music singer/songwriter Alexandra Kay, have teamed up to celebrate the start of summer outdoor entertaining. To kick off the collaboration, on Monday, May 20, Kay and ARDEN hosted an exclusive garden party in Nashville, Tennessee for an intimate evening of outdoor entertainment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240604350288/en/Outdoor Furniture Cushion Brand ARDEN Partners with Country Music Singer & Songwri
Central Garden & Pet Company (NASDAQ:CENT), (NASDAQ:CENTA), ("Central"), a market leader in the Pet and Garden industries, announced today that Niko Lahanas, CFO, will participate in a fireside chat at the virtual Oppenheimer 24th Consumer Growth and E-Commerce Conference on Tuesday, June 11, 2024, at 1:30 pm Eastern Time (10:30 am Pacific Time). The live webcast and a replay will be available on the Central IR website: http://ir.central.com. About Central Garden & Pet Central Garden & Pet (NASDAQ:CENT) (NASDAQ:CENTA) understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. With fiscal 2023 net sales of $3.3 billion, Central is on a mi
Audio spot raises plants to the level of babies, to comedic results Every year, millions of moms are celebrated on Mother's Day. But Pennington, a leading lawn and garden brand in the Central Garden & Pet Company portfolio, is hoping to bring an underappreciated type of mother into the spotlight: Plant Moms. Many millennials consider themselves to be "plant parents." To celebrate them, Pennington created a new audio spot with DAVID Miami mixing up the worlds of traditional motherhood and plant motherhood — from not feeding your "kids" for days, to making all of them "live in the backyard." Of course, any normal mom would be seen as a terrible mother if they acted this way, but for Plant
Canaccord Genuity analyst Brian McNamara maintains Central Garden & Pet (NASDAQ:CENT) with a Buy and lowers the price target from $52 to $49.
Argus Research analyst John Staszak upgrades Central Garden & Pet (NASDAQ:CENT) from Hold to Buy and announces $50 price target.
Fiscal 2024 GuidanceCentral continues to expect fiscal 2024 non-GAAP EPS to be $2.00 or better ($2.50 or better before the February 2024 stock dividend).This outlook reflects uncertain consumer demand and retailer dynamics and an environment of macroeconomic and geopolitical volatility. It includes modest carryover pricing actions to help mitigate inflationary headwinds. This outlook excludes the impact of any acquisitions, divestitures or restructuring activities that may occur during fiscal 2024, including any projects under the Cost and Simplicity program and the recent TDBBS acquisition. Central expects fiscal 2024 capital spending to be approximately $70 million.
Central Garden & Pet (NASDAQ:CENT) reported quarterly earnings of $0.93 per share which beat the analyst consensus estimate of $0.80 by 16.25 percent. This is a 29.17 percent increase over earnings of $0.72 per share from the same period last year. The company reported quarterly sales of $900.09 million which beat the analyst consensus estimate of $887.42 million by 1.43 percent. This is a 0.98 percent decrease over sales of $909.00 million the same period last year.
Central Garden & Pet (NASDAQ:CENT) reported quarterly earnings of $0.99 per share which beat the analyst consensus estimate of $0.80 by 23.75 percent. The company reported quarterly sales of $900.000 million which beat the analyst consensus estimate of $887.420 million by 1.42 percent. This is a 0.99 percent decrease over sales of $909.004 million the same period last year.
Canaccord Genuity analyst Brian McNamara initiates coverage on Central Garden & Pet (NASDAQ:CENT) with a Buy rating and announces Price Target of $52.
Truist Securities analyst Bill Chappell maintains Central Garden & Pet (NASDAQ:CENT) with a Buy and raises the price target from $50 to $60.
Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) fell sharply during Friday’s session following third-quarter results. Take-Two reported third-quarter total net bookings of $1.34 billion, down 3% year-over-year. The company also revised its 2024 net bookings forecast to $5.25 billion and $5.3 billion, down from $5.45 billion and $5.55 billion earlier. Take-Two Interactive Software shares dipped 8.8% to $154.69 on Friday. Here are some other stocks moving in today's mid-day session. Gainers Sunworks, Inc. (NASDAQ:SUNW) shares jumped 267% to $0.1990. Sunworks and three subsidiaries recently made the decision to cease operations and filed for Chapter 7 bankruptcy in the Uni
8-K - CENTRAL GARDEN & PET CO (0000887733) (Filer)
8-K - CENTRAL GARDEN & PET CO (0000887733) (Filer)
10-Q - CENTRAL GARDEN & PET CO (0000887733) (Filer)
8-K - CENTRAL GARDEN & PET CO (0000887733) (Filer)
8-K - CENTRAL GARDEN & PET CO (0000887733) (Filer)
DEFA14A - CENTRAL GARDEN & PET CO (0000887733) (Filer)
DEF 14A - CENTRAL GARDEN & PET CO (0000887733) (Filer)
Niko Lahanas, Former Central CFO, Brings 18 Years of Experience at the Company Brad Smith, Former CFO, Pet Segment, Appointed Central CFO Interim CEO and Director Beth Springer to Return to Role of Lead Independent Director Central Garden & Pet Company (NASDAQ:CENT), (NASDAQ:CENTA), ("Central" or "the Company"), a market leader in the Pet and Garden industries, announced today that Niko Lahanas has been appointed Chief Executive Officer, and Brad Smith has been appointed Chief Financial Officer, effective September 29, 2024. Mr. Lahanas will also join Central's Board of Directors. Mr. Lahanas succeeds Beth Springer, who has served as Interim Chief Executive Officer since October, 2023. M
Tim Cofer joins Company as COO, will assume CEO role in Q2 2024 Chairman & CEO Bob Gamgort will guide transition and then serve as Executive Chairman BURLINGTON, Mass. and FRISCO, Texas, Sept. 20, 2023 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today announced the appointment of Tim Cofer as Chief Operating Officer, reporting to Chairman & CEO Bob Gamgort, as a key step in the Company's CEO succession plan. Cofer, who will join KDP on Nov. 6, 2023, will work side by side with Gamgort while in a COO capacity, with a planned transition to CEO in the second quarter of 2024. Gamgort will serve as Executive Chairman of KDP after the transition occurs. Cofer is a seasoned consumer pack
Current CEO Tim Cofer Departing to Join Keurig Dr Pepper, Initially as COO, and Will Assume the CEO Role in Q2 2024 Central Reaffirms Expectations for Fiscal 2023 Non-GAAP EPS of $2.55 or Better Central Garden & Pet Company ("Central") (NASDAQ:CENT) (NASDAQ:CENTA), a market leader in the Pet and Garden industries, today announced that Tim Cofer, Chief Executive Officer since October 2019, has informed the Board of his intent to depart Central, effective as of the close of business on October 6, 2023. Mr. Cofer will join Keurig Dr Pepper, initially as Chief Operating Officer, and will assume the role of Chief Executive Officer in the second quarter of 2024. Beth Springer, Central's Lead
Central Garden & Pet Company (NASDAQ:CENT, CENTA))) ("Central"), a market leader in the garden and pet industries, today announced that it has appointed a new director, Lisa Coleman, to the Company's Board of Directors effective September 26, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210927005013/en/Lisa Coleman (Photo: Business Wire) Ms. Coleman has more than 25 years of experience in talent management and development including executive coaching, leadership development, leadership and succession planning and talent acquisition. She currently provides executive career coaching and board advisory through her firm Lisa
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Central Garden & Pet Company (NASDAQ: CENT, CENTA) (“Central”), a market leader in the garden and pet industries, today announced that it has nominated two new independent directors, Courtnee Chun and Daniel P. Myers, for election at the Company’s 2021 Annual Shareholder Meeting on February 9, 2021. On that day, Thomas P. Colligan will retire from the Company’s Board of Directors. Their nomination follows the appointment of Brendan P. Dougher in September 2020, and the retirement of Jack Balousek, who had served on the Central Board of Directors for 19 years and was the Company’s lead independent director. The Company is pleased to announce
Fiscal 2024 Q3 net sales of $996 million compared to $1,023 million a year ago Fiscal 2024 Q3 GAAP EPS of $1.19 vs. $1.25 a year ago, Non-GAAP EPS of $1.32 vs. $1.40 a year ago Maintains outlook for fiscal 2024 non-GAAP EPS of $2.00 or better ($2.50 or better before the February 2024 stock dividend) Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, today announced financial results for its fiscal 2024 third quarter ended June 29, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807439810/en/ "We delivered a solid third quarter earnings performanc
Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, will announce results for its fiscal 2024 third quarter ended June 29, 2024, after the close of trading on Wednesday, August 7, 2024. On that day, Central will hold a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), hosted by Beth Springer, Interim CEO, and Niko Lahanas, CFO, to discuss these results and to provide a general business update. The live webcast and a replay as well as related materials will be accessible at http://ir.central.com. Alternatively, to participate by phone, please dial +1 (201) 689-8345 (domestic and international). About C
Fiscal 2024 Q2 net sales of $900 million compared to $909 million a year ago Fiscal 2024 Q2 GAAP EPS of $0.93 vs. $0.72 a year ago, Non-GAAP EPS of $0.99 Maintains outlook for fiscal 2024 non-GAAP EPS of $2.00 or better ($2.50 or better before the February 2024 stock dividend) Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, today announced financial results for its fiscal 2024 second quarter ended March 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240508389740/en/ "We delivered a solid second quarter with earnings per share well ahead of p
Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, will announce results for its fiscal 2024 second quarter ended March 30, 2024, after the close of trading on Wednesday, May 8, 2024. On that day, Central will hold a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), hosted by Beth Springer, Interim CEO, and Niko Lahanas, CFO, to discuss these results and to provide a general business update. The live webcast and a replay as well as related materials will be accessible at http://ir.central.com. Alternatively, to participate by phone, please dial +1 (201) 689-8345 (domestic and international). About Ce
Fiscal 2024 Q1 net sales of $635 million Fiscal 2024 Q1 earnings per share of $0.01 Maintains outlook for fiscal 2024 non-GAAP EPS of $2.50 or better Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, today announced financial results for its fiscal 2024 first quarter ended December 30, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240207515647/en/ "The fiscal year is off to a solid start as we successfully navigated the challenging external environment. We delivered earnings per share of $0.01 as a result of improved gross margin and early season
Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, will announce results for its fiscal 2024 first quarter ended December 30, 2023, after the close of trading on Wednesday, February 7, 2024. On that day, Central will hold a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), hosted by Beth Springer, Interim CEO, and Niko Lahanas, CFO, to discuss these results and to provide a general business update. The live webcast and a replay as well as related materials will be accessible at http://ir.central.com. Alternatively, to participate by phone, please dial +1 (201) 689-8345 (domestic and international). A
Will Issue One Share of Class A Common Stock for Every Four Outstanding Shares of Common Stock, Class A Common Stock and Class B Common Stock Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central") announced today that its board of directors declared a special dividend in the form of one share of Central's Class A Common Stock for every four outstanding shares of Central's Common Stock, Class A Common Stock and Class B Common Stock. "We are distributing the Class A Common Stock to enhance the liquidity of the trading market. We believe the enhanced liquidity will benefit stockholders and provide Central with increased flexibility to pursue our growth objectives," commented
Fiscal 2023 net sales of $3.3 billion Fiscal 2023 GAAP EPS of $2.35, non-GAAP EPS of $2.59 Expects fiscal 2024 non-GAAP EPS of $2.50 or better Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, today announced results for its fourth quarter and fiscal year ended September 30, 2023. "We are proud of what Team Central was able to achieve in a challenging environment characterized by evolving consumer behavior, unfavorable retailer inventory dynamics, high inflation and extreme weather. Despite these headwinds, we delivered non-GAAP EPS within our revised fiscal 2023 guidance, successfully turned inventories into cas
Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, will announce results for its fourth quarter and fiscal year ended September 30, 2023, after the close of trading on Monday, November 20, 2023. On that day, Central will hold a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), hosted by Beth Springer, Interim CEO, and Niko Lahanas, CFO, to discuss these results and to provide a general business update. The live webcast and a replay as well as related materials will be accessible at http://ir.central.com. Alternatively, to participate by phone, please dial +1 (201) 689-8345 (domestic and international).
Acquisition Builds Scale and Adds eCommerce and Digital Capabilities to Core Pet Category Central Garden & Pet (NASDAQ:CENT) (NASDAQ:CENTA) ("Central"), a market leader in the Pet and Garden industries, announced today that it has acquired TDBBS, LLC ("TDBBS") from Bregal Partners. Based in Richmond, VA, TDBBS is a provider of premium natural dog chews and treats. The addition of TDBBS will expand Central's portfolio with bully and collagen sticks, bones and jerky, and further strengthen Central's eCommerce and digital capabilities. "We are excited to welcome the TDBBS team into the Central Garden & Pet organization," said Beth Springer, Interim CEO of Central. "Our Central to Home stra
4 - CENTRAL GARDEN & PET CO (0000887733) (Issuer)
4 - CENTRAL GARDEN & PET CO (0000887733) (Issuer)
4 - CENTRAL GARDEN & PET CO (0000887733) (Issuer)
4 - CENTRAL GARDEN & PET CO (0000887733) (Issuer)
4 - CENTRAL GARDEN & PET CO (0000887733) (Issuer)
4 - CENTRAL GARDEN & PET CO (0000887733) (Issuer)
4 - CENTRAL GARDEN & PET CO (0000887733) (Issuer)
4 - CENTRAL GARDEN & PET CO (0000887733) (Issuer)
4 - CENTRAL GARDEN & PET CO (0000887733) (Issuer)
4 - CENTRAL GARDEN & PET CO (0000887733) (Issuer)