Welcome to our dedicated page for Central Garden & Pet Co news (Ticker: CENTA), a resource for investors and traders seeking the latest updates and insights on Central Garden & Pet Co stock.
Overview
Central Garden & Pet Co. (symbol: CENTA) is a well-established, diversified company operating in the consumer goods arena, specializing in innovative solutions for pet care and garden supplies. With a legacy spanning over four decades, the company has consistently provided trusted products that help make homes healthier and gardens more vibrant. Combining a dynamic portfolio of over sixty-five renowned brands with robust manufacturing and distribution capabilities, Central Garden & Pet has solidified its role as a pivotal player in the Garden and Pet industries.
Business Segments
Central Garden & Pet operates primarily through two distinct segments:
- Pet Segment: This segment focuses on products that promote pet health and wellness, offering a range of items from nutritional supplements and grooming supplies to toys and accessories. The company’s pet solutions are designed to meet the evolving needs of pet owners through continuous innovation and quality assurance.
- Garden Segment: Dedicated to the art of gardening and lawn care, this segment provides consumers with products that support greener lawns, flourishing gardens, and enhanced outdoor lifestyles. It encompasses a variety of garden care products, enabling enthusiasts to achieve sustainable and beautiful green spaces.
Market Position and Strategic Advantage
Central Garden & Pet has carved a niche in the highly competitive Garden and Pet markets by consistently emphasizing quality and trust. The company generates revenue through a combination of direct sales in retail channels and an extensive network of distribution in North America and Europe. Its diverse portfolio of well-known brands, such as Pennington, Nylabone, Kaytee, Amdro, and Aqueon, underpins its strong market presence and resilience against industry fluctuations.
Operational Excellence
The operational strategy of Central Garden & Pet is underpinned by an entrepreneurial growth culture and a commitment to innovation. The company leverages state-of-the-art manufacturing and distribution capacities to ensure that product quality remains consistently high, thereby sustaining consumer trust. Moreover, the effective integration of a multitude of brands allows the company to cater to a wide spectrum of consumer demands while efficiently managing supply chains.
Industry Relevance and Consumer Impact
In an evolving market, Central Garden & Pet continuously adapts its offerings to meet growing consumer expectations in both the garden and pet industries. Key industry terms such as pet care, garden supplies, and consumer brand innovation are intrinsically woven into its operations. The company’s commitment to enhancing home and community well-being is evident through its sustained emphasis on product quality, operational efficiency, and a deep understanding of market trends.
Competitive Landscape
Central Garden & Pet operates in a competitive landscape where differentiation is achieved by maintaining a strong portfolio of trusted brands and leveraging operational expertise. While facing competition from other established consumer goods companies, Central Garden & Pet’s focus on reliability, product innovation, and geographic reach across North America and Europe enables it to maintain a distinct competitive advantage.
Commitment to Quality and Expertise
The company’s long-standing history and entrepreneurial spirit are key factors that drive its continuous commitment to quality. Central Garden & Pet is recognized for its detailed operational processes that ensure each product meets rigorous standards, reinforcing its reputation among consumers and retail partners alike. The integration of industry-specific knowledge and experience into every facet of the business reinforces the company’s position as a cornerstone in its market segments.
Conclusion
Central Garden & Pet Co. embodies a blend of innovation, strong operational management, and a diverse product offering that addresses the nuanced needs of both garden enthusiasts and pet owners. By consistently delivering quality and trustworthy solutions, the company not only secures its market position but also reinforces its commitment to enhancing the quality of life in the communities it serves.
Farnam, a leading horse care brand under Central Garden & Pet Company (NASDAQ: CENT), has unveiled a revitalized brand identity to honor its 75-year legacy while stepping into the future. The rebrand covers all products, including supplements, grooming, fly control, and deworming, reinforcing Farnam's leadership in the equine industry.
Key changes include:
- A refreshed loyalty program, Farnam Rewards, offering points for purchases, exclusive merchandise, and coupons.
- Continued partnership with country music trio The Castellows, who will perform at the American Horse Publications conference.
- Launching the 'Everything for the Ride' Summer Sweepstakes from June 2 to June 30, with prizes including $1,000 worth of products, tickets to The Castellows' tour, and more.
This rebrand aims to enhance consumer recognition and distinction in the competitive equine care market.
Nylabone, a brand under Central Garden & Pet (NASDAQ: CENT), is celebrating its 70th anniversary with a special -edition chew toy collection and a charitable initiative. The company, founded in 1955 in Neptune City, New Jersey, is launching exclusive birthday-themed products throughout 2025.
The -edition collection features orange-colored designs including: Power Chew Textured Bone and Knuckle Bone with roasted chicken flavor, Strong Chew Natural Rubber Textured Knuckle Bone with bacon & cheese flavor, and a Power Chew Donut with pumpkin & peanut butter flavor. These products will be available on Amazon, Chewy, and select retailers.
Through their CHEWS for Good™ campaign, Nylabone pledges to donate one chew toy to Best Friends Animal Society-affiliated shelters for every product purchased in 2025, up to 25,000 toys. Customers can participate by uploading receipts to nylabonecares.com for a chance to win prizes.
DoMyOwn, a subsidiary of Central Garden & Pet Company (NASDAQ: CENT), has announced the appointment of Richard Karn as Chief Solutions Officer. The leading online retailer of professional-grade lawn care and pest control products aims to address significant homeowner uncertainty in lawn care, revealed by their research showing that 76% of homeowners are unsure of their grass type and only 26% are satisfied with their lawn's appearance.
In his new role, Karn will lead educational video initiatives to help homeowners become more confident in lawn care management. The partnership leverages Karn's trusted expertise in DIY home improvement to provide accessible guidance for customers using DoMyOwn's professional-grade products and services, which include solutions for weed control, fertilization, and pest management.
Ferry-Morse, a leading U.S. gardening seed brand under Central Garden & Pet Company (NASDAQ: CENT), announces its annual Garden Get-Together video series launching March 20, 2025. The series will stream bi-weekly through April 22 across their social media platforms.
The series features Rebecca Sears, CMO & Resident Green Thumb, alongside gardening creators Brian Brigantti and Caitlin Shoemaker, covering topics from new product launches to gardening tips. Key highlights include Ferry-Morse's new Bulk Flower & Wildflower Mixes collection featuring 50 different 1-pound bags, and an expanded seed packet collection with over 50 new non-GMO and USDA-certified organic varieties.
To promote the series, Ferry-Morse is offering a 25% discount on seed packets, garden tools, and accessories using code 'TOGETHER' valid through April 30th, 2025.
Alexandra Kay, country music artist, has partnered with Arden, a subsidiary of Central Garden & Pet Company (NASDAQ: CENT), to launch an exclusive outdoor cushion collection. The collaboration features three distinct designs: Backroad Blossom Blue, Coffee Girl Gingham, and Striped for the Heart.
The collection includes a special gift with purchase of three -edition outdoor pillows with pink accents. This follows Kay's previous successful 'Favorites' Collection featuring Coastal Green Leaf, Navy Palm, and Sage Texture designs.
Arden, established in 1964, specializes in manufacturing fade-resistant, durable, and water-repellent outdoor cushions and pillows. The new Alexandra Kay x Arden Collection will be available exclusively on Amazon.
Nylabone, a Central Garden & Pet brand (NASDAQ: CENT, CENTA), announces its 70th birthday celebration in 2025 with a year-long campaign focused on helping dogs find and stay in loving homes. The company launches the CHEWS for Good™ initiative, partnering with Best Friends Animal Society.
From February 14 to December 31, 2025, Nylabone will match each product purchase with a toy donation to Best Friends Animal Society-affiliated shelters, up to 25,000 toys. This initiative addresses concerning statistics: 2.5 million dogs entered U.S. shelters in 2023, with 457,000 surrendered, 11% due to behavior issues including destructive chewing.
Pet parents can participate by purchasing Nylabone products and uploading receipts to www.nylabonecares.com for prize opportunities. The company will release -edition birthday chew toys starting April 2025, featuring their signature orange color and bestselling designs.
Ferry-Morse, a gardening seed brand under Central Garden & Pet Company (NASDAQ: CENT), has launched a new collection of Bulk Flower & Wildflower Mixes for 2025. The collection features 50 varieties of 1-pound bags of flower, wildflower, and lawn alternative seeds, all free of filler materials.
The new line includes specialized mixes such as Bumblebee Buffet Mix, Perennial Wildflower Mix, Edible Flower Mix, Regional Mixes, Flowering Grass Alternative Mix, and Cottage Garden Mix. Additionally, Ferry-Morse is expanding its seed packet line with over 50 new varieties of non-GMO and organic seeds, including Artichoke Green Globe, Basil Dark Opal, Watermelon Triple Crown Hybrid Organic, Bean Scarlet Runner, Sunflower Lemon Queen, and Zinnia Candy Cane.
Central Garden & Pet (NASDAQ: CENTA) reported strong Q1 fiscal 2025 results with net sales increasing 3% to $656 million from $635 million year-over-year. The company's EPS significantly improved to $0.21 from $0.01 in the prior year.
The Pet segment saw a 4% increase in net sales to $427 million, while the Garden segment grew 2% to $229 million. Gross margin improved by 160 basis points to 29.8%, driven by productivity gains and moderating inflation. Operating income increased to $28 million from $8 million, with operating margin expanding by 300 basis points to 4.3%.
The company maintains its fiscal 2025 guidance for non-GAAP EPS of $2.20 or better, despite expected impacts from new tariffs and retail challenges. During Q1, Central repurchased 1.68 million shares worth $52 million, with $131 million remaining for future repurchases.
Central Garden & Pet (NASDAQ: CENT, CENTA) has scheduled the announcement of its fiscal 2025 first quarter financial results for Wednesday, February 5, 2025, after market close. The results will cover the period ended December 28, 2024. The company will host a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) on the same day.
CEO Niko Lahanas and CFO Brad Smith will lead the conference call to discuss the quarterly results and provide a business update. Investors can access the live webcast and related materials through the company's investor relations website at http://ir.central.com. Those wishing to participate via phone can dial +1 (201) 689-8345.
Central Garden & Pet (NASDAQ: CENTA) has announced support initiatives for animal welfare organizations in Los Angeles area affected by Southern California wildfires. The company has made both financial and in-kind contributions, including a $50,000 cash donation to LA County Animal Care & Control and Best Friends Animal Society.
Multiple business units have contributed to the relief effort: K&H donated hundreds of pet beds, while Nylabone/FourPaws/Paw Love provided training pads, dog toys, and chews. Central Pet Distribution contributed dog and cat food, with Central Supply Chain managing logistics for delivery of these supplies. The company's employees have also volunteered their time and resources to support ongoing relief efforts in wildfire-affected communities.
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