{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000700","form_type":"8-K","ticker":"CENT","cik":"0000887733","company_name":"CENTRAL GARDEN & PET CO","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.642759+00:00","generated_at":"2026-06-16T02:12:27.179416+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Central Garden & Pet Q2 EPS $0.90 vs $1.27; sales down 5% to $909M; FY23 EPS guidance $2.35+","bullets":["Net sales $909M, down 5% YoY; GAAP EPS $0.90 vs $1.27; adjusted EBITDA $107M vs $131M.","Pet segment sales $475M (-5%); Garden segment $434M (-5%), hit by poor spring weather and retailer inventory shifts.","Gross margin 28.6% vs 30.1%; operating margin 8.6% vs 11.2% due to Garden overhead absorption and input costs.","Fiscal 2023 EPS guidance of $2.35 or better; expects second-half growth; multi-year cost and simplicity program underway.","Cash $61M, debt $1.2B; leverage ratio 3.3x; repurchased ~75,000 shares for $2.7M during quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000700","json":"https://secwatch.observer/filing/0001157523-23-000700.json","markdown":"https://secwatch.observer/filing/0001157523-23-000700.md","text":"https://secwatch.observer/filing/0001157523-23-000700.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887733/000115752323000700/0001157523-23-000700-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887733/000115752323000700/a53392903.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T02:12:27.179416+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ff540802b55c8c18d7446a695427caed15052043","claim":"CENTRAL GARDEN & PET CO reported second quarter fiscal 2023 ended March 25, 2023 results: revenue $909 million, net income $48 million, EPS $0.90. Guidance reaffirmed.","evidence_excerpt":"Central Garden & Pet Announces Q2 Fiscal 2023 Financial Results Fiscal 2023 Q2 net sales of $909 million Fiscal 2023 Q2 earnings per share of $0.90 Expects fiscal 2023 EPS of $2.35 or better","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/887733/000115752323000700/0001157523-23-000700-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter fiscal 2023 ended March 25, 2023"},{"label":"Revenue","value":"$909 million"},{"label":"Net income","value":"$48 million"},{"label":"EPS","value":"$0.90"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}