earnings
confidence high
sentiment neutral
materiality 0.60
Central Garden & Pet Q1 FY2026 revenue down 6%; GAAP EPS $0.11 vs $0.21
CENTRAL GARDEN & PET CO
2026-Q1 EPS reported
$0.11
revenue$617,373,000
- Net sales $617M vs $656M; GAAP diluted EPS $0.11; non-GAAP diluted EPS $0.21 flat YoY.
- Gross margin expanded 110 bps to 30.9%; operating margin 2.7% (4.3% prior year).
- Garden segment sales $202M (down 12%), operating loss $10M vs $2M income; Pet sales $416M (down 3%), operating margin 12.0%.
- Reaffirmed FY2026 non-GAAP diluted EPS guidance of $2.70 or better; capex $50-60M.
- Repurchased 660k shares for $18.5M; cash $721M, debt $1.2B, gross leverage 2.9x.