Central Garden & Pet (CENT) Stock

Central Garden & Pet Company CENT is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 18.43X, which positions it at a premium compared with the industry's average of 13.05X. The stock is also trading above its median P/E level of 16.62X, observed in the past year.

CENT raises its stock repurchase authorization to $130 million, citing the belief that it is currently undervalued.

WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #BoardOfDirectors--Central Garden & Pet Announces Randal D. Lewis as New Director -- Randal D. Lewis Brings Decades of Experience in Consumer Products.

WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #CentralToHome--Central Garden & Pet Announces Increase in Stock Repurchase Authorization.

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Comfort Zone Wants Singles to Swipe Right on a Cat Dad --- Cat Calming Brand Breaks Down Negative Stereotypes Just in Time for Cuffing Season 2025.

Central Garden & Pet's fiscal fourth-quarter results reflect a net sales decline of 11%. Nonetheless, the company has been containing costs and simplifying its portfolio.

Central Garden & Pet Company (NASDAQ:CENT ) Q4 2024 Earnings Conference Call November 25, 2024 4:30 PM ET Company Participants Friederike Edelmann - Vice President, Investor Relations Niko Lahanas - Chief Executive Officer Brad Smith - Chief Financial Officer John Hanson - President, Pet Consumer Products J. D. Walker - President, Garden Consumer Products Conference Call Participants Bill Chappell - Truist Securities Brad Thomas - KeyBanc Capital Markets Jim Chartier - Monness, Crespi and Hardt Bob Labick - CJS Securities Brian McNamara - Canaccord Genuity Shovana Chowdhury - JPMorgan Carla Casella - JPMorgan William Reuter - Bank of America Mary Ann Neale - Barclays Operator Ladies and gentlemen, thank you for standing by.

Central Garden (CENT) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to earnings of $0.08 per share a year ago.

Central Garden (CENT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.