secwatch.observer — SEC 8-K summary
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Issuer:     CENTRAL GARDEN & PET CO (CENT)
CIK:        0000887733
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0000887733-26-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Central Garden & Pet Q2 FY2026: record sales $906M, EPS $1.28, pet distribution partnership
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- Net sales $906M (+8.6% YoY); GAAP diluted EPS $1.28 vs $0.98; adjusted EBITDA $139M vs $123M.
- Pet segment sales $477M (+5.1%), operating margin 16.3% vs 13.4%; Garden sales $429M (+12.9%).
- Strategic pet distribution partnership with Phillips; Central retains 20% stake; minimal EPS impact expected.
- Reaffirmed FY2026 non-GAAP diluted EPS outlook of $2.70 or better; capex $50-$60M.
- Gross leverage 2.8x (target 3.0-3.5x); no credit facility borrowings; $653M cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887733/000088773326000011/0000887733-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887733/000088773326000011/cent-20260506.htm
  HTML page:      https://secwatch.observer/filing/0000887733-26-000011

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