secwatch.observer — SEC 8-K summary
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Issuer:     CENTRAL GARDEN & PET CO (CENT)
CIK:        0000887733
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001157523-22-001663
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Central Garden & Pet reports FY2022 EPS $2.80, guides FY2023 EPS $2.60-$2.80
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- FY2022 net sales $3.3B (+1% YoY); diluted EPS $2.80 (up from $2.75).
- Q4 net sales $707M (-4% YoY); net loss $2M vs $3M loss prior year.
- Pet segment Q4 sales $440M (-4%) but operating margin improved to 9.2% from 6.9%.
- FY2023 GAAP EPS guidance $2.60-$2.80; 53-week year; capex expected significantly below FY2022.
- Cash used by operations $34M vs $251M provided prior year; inventory build to mitigate supply chain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887733/000115752322001663/0001157523-22-001663-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887733/000115752322001663/a52974424.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001663

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