Central Garden (CENT) possesses solid growth attributes, which could help it handily outperform the market.
CENT delivered strong Q1 FY25 results with moderate net sales growth and a significant improvement in EPS. Management reaffirmed full-year EPS guidance of $2.20+ but remains cautious about Q2 normalization due to shipment timing and promotional activities. Potential margin pressure from proposed tariffs on imports, but CENT's Cost & Simplicity Program continues to drive operational efficiencies, offsetting external headwinds.
Interparfums, Central Garden & Pet Company, RealReal and Honest Company focus on a superior product strategy and prudent capital investments.
Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Tyson Foods, NetApp, NextEra Energy, The Ensign Group and Central Garden & Pet.
CENT and ENVA made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 10, 2025.
CENT's strong performance in the first quarter was driven by the timing of shipments, strategic promotional activities and moderating inflation.
Central Garden (CENT) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to earnings of $0.01 per share a year ago.
Central Garden & Pet Company (NASDAQ:CENT ) Q1 2025 Earnings Conference Call February 5, 2025 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 Hardt Bob Labick – CJS Securities Brian McNamara – Canaccord Genuity Andrea Teixeira – JPMorgan Rob Rigby – Bank of America Carla Casella – JPMorgan Hale Holden – Barclays Operator Ladies and gentlemen, thank you for standing by.
CENT's fiscal first-quarter earnings are likely to have shown softness in both Pet and Garden segments due to shifting market dynamics and reduced consumer spending.
Central Garden & Pet Company CENT has seen its stock price plummet 14% in a month against the industry's 0.5% growth. This decline can be traced to tough broader market dynamics and specific challenges faced by the company.