secwatch.observer — SEC 8-K summary
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Issuer:     CENTRAL GARDEN & PET CO (CENT)
CIK:        0000887733
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0001157523-23-001760
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Central Garden & Pet FY2023 GAAP EPS $2.35, non-GAAP $2.59; guides FY2024 ≥$2.50
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- FY2023 net sales flat at $3.3B; GAAP EPS $2.35 vs $2.80 prior year; non-GAAP EPS $2.59.
- Q4 net sales +6% to $750M; Pet segment +10% to $483M; Garden segment operating loss $3.4M.
- Cash from operations $382M vs -$34M prior year; cash $489M, total debt unchanged at $1.2B.
- Repurchased ~65k shares for $2.4M in Q4; closed facilities and sold IGC distribution business.
- FY2024 non-GAAP EPS guidance $2.50 or better on productivity and pricing; capex ~$70M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887733/000115752323001760/0001157523-23-001760-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887733/000115752323001760/a53861046.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001760

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