secwatch.observer — SEC 8-K summary
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Issuer:     CENTRAL GARDEN & PET CO (CENT)
CIK:        0000887733
Form:       8-K
Filed at:   2024-11-25T23:59:59+00:00
Accession:  0000887733-24-000026
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Central Garden & Pet: FY 2024 GAAP EPS $1.62, non-GAAP $2.13; guides FY 2025 non-GAAP EPS at $2.20+
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887733/000088773324000026/0000887733-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887733/000088773324000026/cent-20241125.htm
  HTML page:      https://secwatch.observer/filing/0000887733-24-000026

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