Welcome to our dedicated page for Central Garden and Pet Co news (Ticker: $CENT), a resource for investors and traders seeking the latest updates and insights on Central Garden and Pet Co stock.
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Farnam, a leading horse care brand, and the Country Music Trio The Castellows have partnered in a new music-led campaign called “Everything for the Ride” to honor the lifelong bonds with horses. The campaign features three original songs produced by The Castellows, inspired by their love for horses and songwriting, and aims to connect with horse lovers through music and storytelling. Farnam also debuts new branding and plans to launch a new Amazon storefront to enhance the shopping experience for consumers.
Central Garden & Pet (NASDAQ: CENTA) announced its fiscal 2024 second-quarter financial results with net sales of $900 million, a decrease of 1% from a year ago. The GAAP EPS was $0.93 compared to $0.72, and non-GAAP EPS was $0.99. The company maintained its outlook for fiscal 2024 non-GAAP EPS of $2.00 or better. The Pet segment saw a 1% increase in net sales, while the Garden segment experienced a 3% decrease. Operating income and margin improved across segments, with a focus on the Cost and Simplicity program. The company's cash balance increased to $301 million, and total debt stood at $1.2 billion.
DoMyOwn.com, part of Central Garden & Pet Company, celebrates its 20th anniversary with exclusive savings and deals. The company has grown into a trusted authority in DIY pest control and lawn care, offering professional-grade products and expert advice. Starting from humble beginnings in 2004, DoMyOwn.com has expanded its customer base and continues to focus on providing outstanding customer support and innovative solutions.
Central Garden & Pet Company will announce its fiscal 2024 second-quarter results on May 8, 2024. The company, a leader in the Pet and Garden industries, will host a conference call to discuss the results and provide a business update.