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Central Garden & Pet (CENT)
NASDAQ:CENT
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.09Last Year’s EPS
1.04Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: meaningful operational and margin improvements, strong liquidity, disciplined capital allocation, and management’s reaffirmation of guidance and strategic focus are positive. However, material near-term top-line headwinds driven largely by shipment timing, portfolio optimization and specific channel transitions pressured revenue and segment profitability (notably Garden). Management attributes many negatives to timing and strategic optimization actions and is optimistic about seasonal recovery and growth initiatives—resulting in a measured but cautious outlook.Company Guidance
Revenues and Segment Detail
Total net sales of $617 million, with Pet net sales of $416 million and Garden net sales of $202 million; consumables showing resilience with low single-digit growth in key consumable categories (rawhide, wild bird, animal health).
Gross Margin Expansion
Non-GAAP gross margin expanded by 100 basis points to 30.8% (non-GAAP gross profit $190 million vs $196 million prior year), driven by productivity gains and improved mix.
Earnings Per Share and Profitability
GAAP diluted EPS $0.11 and non-GAAP diluted EPS $0.21 (consistent with prior year and above expectations); non-GAAP adjusted EBITDA $50 million and non-GAAP net income $13 million.
Operational Transformation & Supply Chain Improvements
Completed network modernizations including integrating two Garden distribution facilities into modern fulfillment centers and consolidating a fertilizer manufacturing facility, supporting improved customer alignment, service levels and cost efficiency.
Strategic M&A and Portfolio Actions
Post-quarter acquisition of Champion USA (tuck-in adding EPA-approved Feed Through Fly Control for livestock), plus continued selective M&A focus on margin-accretive consumables.
Category Share Gains and Innovation
Gained share in several categories (dog treats, flea & tick, pet bird, professional, wild bird, fertilizer, packet seeds) and early success on innovations (Nylabone product, KT's Burger Hub, private label momentum).
Strong Balance Sheet & Liquidity
Cash and short-term investments of $721 million (up $103 million), total debt $1.2 billion unchanged, gross leverage 2.9x (below target range), net leverage ~1.2x, and no borrowings under the credit facility.
Capital Allocation Discipline
Reaffirmed fiscal 2026 non-GAAP diluted EPS guidance of $2.70 or better; continued share repurchases (660,000 shares for $18.5 million in the quarter) while preserving capacity for M&A; FY CapEx guidance ~$50–$60 million focused on productivity.
CENT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CENT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2026 | $35.11 | ― | ― |
Nov 24, 2025 | $31.43 | $34.15 | +8.65% |
Aug 06, 2025 | $39.41 | $35.08 | -10.99% |
May 07, 2025 | $34.45 | $34.59 | +0.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Central Garden & Pet (CENT) report earnings?
Central Garden & Pet (CENT) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Central Garden & Pet (CENT) earnings time?
Central Garden & Pet (CENT) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CENT EPS forecast?
CENT EPS forecast for the fiscal quarter 2026 (Q2) is 1.09.