Welcome to our dedicated page for Central Garden & Pet Company news (Ticker: CENTA), a resource for investors and traders seeking the latest updates and insights on Central Garden & Pet Company stock.
Central Garden & Pet is a market leader in the Garden and Pet industries, nurturing happy and healthy homes for over 40 years. With segments in pet and garden care, Central offers innovative and trusted solutions dedicated to greener lawns, bigger gardens, healthier pets, and stronger communities. Home to over sixty-five brands, including Pennington, Nylabone, Kaytee, and Amdro, Central Garden & Pet embodies a culture of growth and excellence.
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Nylabone (NASDAQ: CENT, CENTA) has been certified as a Pet Sustainability Accredited Business by the Pet Sustainability Coalition (PSC). This accreditation recognizes Nylabone as a sustainably led and measured business that drives positive impact for pets, people, and the planet. Nylabone achieved this new level of accreditation after completing an assessment of its business operations, aligning with the United Nations’ Sustainable Development Goals for 2030. President and CEO Glen S. Axelrod emphasized the brand's commitment toward sustainable pet products and the impact of their actions on the Earth.
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Nylabone® (NASDAQ: CENT, CENTA) donates 1,600 Strong Chew stuffable cone toys to animal welfare groups, valued at over $20,000, as part of the Holiday Enrichment program.
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Central Garden & Pet Company (NASDAQ: CENT) announced a special dividend of one share of Class A Common Stock for every four outstanding shares of Common Stock, Class A Common Stock, and Class B Common Stock. The distribution aims to enhance liquidity and flexibility for growth objectives. The outstanding shares of Class A Common Stock will increase from approximately 41.1 million to approximately 54.6 million. Dividend shares of Class A Common Stock are expected to be distributed on February 8, 2024, to stockholders of record on January 8, 2024.
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Nylabone (CENT, CENTA) Donates Nearly $1,000,000 in Chew Toys, Treats, and Monetary Contributions to Animal Welfare Groups in 2023
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Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) announced fiscal 2023 net sales of $3.3 billion, GAAP EPS of $2.35, and non-GAAP EPS of $2.59. Fiscal 2024 non-GAAP EPS is expected to be $2.50 or better. The company faced challenges due to evolving consumer behavior, unfavorable retailer inventory dynamics, high inflation, and extreme weather. Despite this, they achieved non-GAAP EPS within their guidance, turned inventories into cash, and generated record cash flow.
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Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) will announce Q4 and fiscal year 2023 results on November 20, 2023. The company will hold a conference call to discuss the results and provide a business update.
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Central Garden & Pet (NASDAQ: CENT, CENTA) subsidiary Nylabone introduces The Box, a gift box collection with durable chew toys and natural chew treats for dogs of different sizes. The Box is available for purchase on Amazon and Chewy, offering a variety of flavors, textures, and shapes to provide a fun, flavor-packed chewing adventure for dogs during the holiday season and beyond.
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Central Garden & Pet has acquired TDBBS, a provider of premium natural dog chews and treats. This acquisition will expand Central's portfolio and strengthen its eCommerce and digital capabilities. TDBBS offers a wide variety of natural, grain and gluten-free products that are low in fat and high in protein. They sell their products online direct-to-consumer and through various retailers.
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Tim Cofer departs Central Garden & Pet to join Keurig Dr Pepper as COO, will become CEO in Q2 2024. Central reaffirms fiscal 2023 non-GAAP EPS of $2.55 or better.
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Tim Cofer joins Keurig Dr Pepper as COO, will become CEO in Q2 2024
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FAQ
What is the current stock price of Central Garden & Pet Company (CENTA)?
The current stock price of Central Garden & Pet Company (CENTA) is $32.51 as of January 3, 2025.
What is the market cap of Central Garden & Pet Company (CENTA)?
The market cap of Central Garden & Pet Company (CENTA) is approximately 2.1B.
How long has Central Garden & Pet been in business?
Central Garden & Pet has been nurturing happy and healthy homes for over 40 years.
What segments does Central Garden & Pet operate in?
Central operates in the pet and garden care segments, offering solutions for lawns, gardens, pets, and communities.
How many brands does Central Garden & Pet own?
Central is home to over sixty-five brands, including Pennington, Nylabone, Kaytee, and Amdro.
Where is Central Garden & Pet headquartered?
Central Garden & Pet is based in Walnut Creek, California, with offices across North America and Europe.
What is the mission of Central Garden & Pet?
Central is dedicated to nurturing happy and healthy homes by providing trusted solutions for greener lawns, bigger gardens, healthier pets, and stronger communities.
What sets Central Garden & Pet apart from competitors?
Central's innovative products, manufacturing capabilities, and growth culture distinguish it as a market leader in the Garden and Pet industries.
What is the focus of Central Garden & Pet products?
Central's products are focused on helping lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger.
How does Central Garden & Pet contribute to the community?
Central Garden & Pet's products and solutions contribute to healthier and more vibrant homes and communities.
Does Central Garden & Pet have international presence?
Yes, Central Garden & Pet has offices across North America and Europe, solidifying its global reach in the Garden and Pet industries.
What is Central Garden & Pet's culture like?
Central fosters a culture of passion, entrepreneurship, and growth, driving innovation and excellence in the industry.
Central Garden & Pet Company
Nasdaq:CENTA
CENTA Rankings
CENTA Stock Data
2.10B
62.38M
2.34%
93.74%
1.23%
Packaged Foods
Wholesale-miscellaneous Nondurable Goods
United States of America
WALNUT CREEK