earnings
confidence high
sentiment neutral
materiality 0.75
Central Garden & Pet reports record FY2021 revenue $3.3B, EPS $2.75; Q4 net loss $3M
CENTRAL GARDEN & PET CO
2021-FY EPS reported
$2.75
revenue$3,303,684,000
- Fiscal 2021 net sales $3.3B (+23% YoY); diluted EPS $2.75 vs $2.20 (25% increase).
- Q4 net sales $739M (+9%), net loss $3M vs income $14M a year ago; EPS -$0.06.
- Pet segment Q4 sales +3% to $459M; Garden segment +21% to $280M on acquisitions.
- FY2022 GAAP EPS guidance of $3.10 or better; expects front-half weighted headwinds from inflation and supply chain.
- Completed four acquisitions (Hopewell Nursery, Green Garden, DoMyOwn, D&D) in FY2021.