Central Garden & Pet Company Announces Fiscal Second Quarter Revenues and Profits
Central Garden & Pet Company - Class A Nonvoting (CENTA)
US:NASDAQ Investor Relations:
central.com
Company Research
Source: Business Wire
Fiscal 2Q 2019 sales increased 9.9% to $673.7 million; Organic sales up 2.1% Fiscal 2Q 2019 GAAP diluted EPS decreased to $0.73 vs. $0.86 in Fiscal 2Q 2018 WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA), a leading innovator, producer and distributor of branded and private label products for the lawn & garden and pet supplies markets, today announced financial results for its fiscal 2019 second quarter ended March 30, 2019. Fiscal 2019 Second Quarter Financial Results Total net sales increased 9.9% to $673.7 million compared to $613.1 million in the second quarter a year ago, driven in large part by the Company's three recent acquisitions, Arden Companies, Bell Nursery and General Pet. Total Company organic sales increased 2.1%, due to strength in the Garden segment. Branded product sales of $543.2 million increased 9.2
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- Central Garden & Pet (NASDAQ: CENTA) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat