earnings
confidence high
sentiment neutral
materiality 0.65
Central Garden & Pet: FY 2024 GAAP EPS $1.62, non-GAAP $2.13; guides FY 2025 non-GAAP EPS at $2.20+
CENTRAL GARDEN & PET CO
2024-FY EPS reported
$1.62
revenue$3,200,460,000
- Fiscal 2024 net sales $3.2B (-3% YoY); GAAP EPS $1.62 (vs $1.88); non-GAAP EPS $2.13 (vs $2.07).
- Q4 net sales $669M (-11%); GAAP loss per share $0.51 vs profit $0.04; non-GAAP loss $0.18 vs profit $0.08.
- Pet segment FY sales $1.83B (-2%), Garden $1.37B (-5%); gross margin expanded 90 bps to 29.5%.
- Fiscal 2025 non-GAAP EPS guidance at least $2.20; capex expected $60-70M.
- Cash from ops $395M; Q4 share repurchases $9M, additional $52M post year-end through Nov 21.