CENTRAL GARDEN & PET CO reported fiscal 2026 second quarter ended March 28, 2026 results: revenue $906 million, net income $79 million, EPS $1.28. Guidance reaffirmed.
“release is attached as Exhibit 99.1. --- EX-99.1 (EX-99.1) --- CENTRAL GARDEN & PET ANNOUNCES RECORD Q2 FISCAL 2026 FINANCIAL RESULTS Reports fiscal 2026 Q2 net sales of $906 million, compared with $834 million a year ago Delivers fiscal 2026 Q2 GAAP diluted EPS of $1.28, compared with $0.98 in the prior year Reaffirms fiscal 2026 outlook for non-GAAP diluted”
Debt Financings
CENTRAL GARDEN & PET CO incurred revolving credit of $600 million principal amount with Truist Bank at SOFR plus an applicable margin of 1.00%-1.50% maturing November 7, 2030.
“The Credit Agreement amends and restates that certain Third Amended and Restated Credit Agreement dated as of December 16, 2021 (as amended to date, the “Predecessor Credit Agreement”) and provides for a $600 million principal amount senior secured asset based revolving credit facility”
Bradley G. Smith was appointed as Chief Financial Officer at CENTRAL GARDEN & PET CO.
“the Board appointed Bradley G. Smith as the Company’s Chief Financial Officer and designated him an executive officer of the Company, effective September 29, 2024.”
Nicholas Lahanas was appointed as Chief Executive Officer at CENTRAL GARDEN & PET CO.
“the Board appointed Nicholas Lahanas as the Company’s Chief Executive Officer and a member of the Board effective September 29, 2024.”
Nicholas Lahanas resigned as Chief Financial Officer at CENTRAL GARDEN & PET CO.
“Mr. Lahanas will resign as the Company’s Chief Financial Officer effective September 28, 2024.”
Earnings Releases
CENTRAL GARDEN & PET CO reported second quarter fiscal year 2024 ended March 30, 2024 results: revenue $900 million, net income $62 million, EPS $0.93. Guidance reaffirmed.
“A copy of the press release is attached as Exhibit 99.1. --- EX-99.1 (EX-99.1) --- CENTRAL GARDEN & PET ANNOUNCES Q2 FISCAL 2024 FINANCIAL RESULTS Fiscal 2024 Q2 net sales of $900 million compared to $909 million a year ago Fiscal 2024 Q2 GAAP EPS of $0.93 vs. $0.72 a year ago, Non-GAAP EPS of $0.99 Maintains outlook for fiscal 2024 non-GAAP EPS of $2.00 or better”
Shareholder Votes
CENTRAL GARDEN & PET CO shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending September 28, 2024 at the 2024-02-13 meeting.
“Proposal Two : The appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending on September 28, 2024 was ratified, by the votes set forth in the following table: For Against Abstain Broker Non-Votes(1) 20,408,817 377,599 1,135 0”
Shareholder Votes
CENTRAL GARDEN & PET CO shareholders approved Election of nine directors to serve until the 2025 Annual Meeting at the 2024-02-13 meeting.
“Proposal One : The following individuals were elected to serve as directors until the Company’s next annual meeting and until their respective successors are elected and qualified by the votes set forth in the following table: Director Nominee For Withheld Broker Non-Votes William E. Brown 16,713,322 3,498,041 294,412 Courtnee Chun 17,883,058 2,328,305 294,412 Lisa Coleman 17,859,281 2,352,082 294,412 Brendan P. Dougher 17,883,037 2,328,326 294,412 Michael J. Griffith 17,779,238 2,432,125 294,412 Christopher T. Metz 17,816,552 2,394,811 294,412 Brooks M. Pennington III 16,494,151 3,717,212 294,412 John R. Ranelli 17,638,764 2,572,599 294,412 Mary Beth Springer 17,943,791 2,267,572 294,412”
Timothy P. Cofer resigned as Chief Executive Officer at CENTRAL GARDEN & PET CO.
“Mr. Cofer resigned as the Company’s Chief Executive Officer effective October 6, 2023.”
Earnings Releases
CENTRAL GARDEN & PET CO reported first quarter fiscal year 2024 ended December 30, 2023 results: revenue $635 million, net income $0.4 million, EPS $0.01. Guidance reaffirmed.
“Central Garden & Pet Announces Q1 Fiscal 2024 Financial Results Fiscal 2024 Q1 net sales of $635 million Fiscal 2024 Q1 earnings per share of $0.01 Maintains outlook for fiscal 2024 non-GAAP EPS of $2.50 or better”
Earnings Releases
CENTRAL GARDEN & PET CO updated its fourth quarter and fiscal year 2023 ended September 30, 2023 guidance (raised).
“On November 20, 2023, Central Garden & Pet Company issued a press release announcing its financial results for the fourth quarter and fiscal year 2023 ended September 30, 2023.”
Mary Beth Springer was appointed as Principal Executive Officer (interim) at CENTRAL GARDEN & PET CO.
“Effective as of the close of business on October 6, 2023, Mary Beth Springer, a member of the Company’s Board of Directors, will serve as the Company’s principal executive officer on an interim basis while the Company conducts a search for Mr. Cofer’s replacement as the Company’s Chief Executive Officer.”
Timothy P. Cofer resigned as Chief Executive Officer at CENTRAL GARDEN & PET CO.
“On September 18, 2023, Timothy P. Cofer, the Chief Executive Officer of Central Garden & Pet Company (the “Company”), announced his intention to resign as Chief Executive Officer, effective as of the close of business on October 6, 2023.”
Earnings Releases
CENTRAL GARDEN & PET CO reported third quarter fiscal 2023 ended June 24, 2023 results: revenue $1,023 million, net income $83 million, EPS $1.56. Guidance raised.
“Central Garden & Pet Announces Record Q3 Fiscal 2023 Financial Results Fiscal 2023 Q3 net sales of $1,023 million Fiscal 2023 Q3 EPS of $1.56; Non-GAAP EPS of $1.75 Raises outlook for fiscal 2023 Non-GAAP EPS to $2.55 or better”
Earnings Releases
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.
“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”
Earnings Releases
CENTRAL GARDEN & PET CO reported the fiscal year ended September 30, 2023 results: EPS $2.35 or better. Guidance raised.
“the Company now expects fiscal 2023 earnings per share (“EPS”) to be $2.35 or better”
Earnings Releases
CENTRAL GARDEN & PET CO reported the second quarter ended March 25, 2023 results: EPS approximately $0.90. Guidance reaffirmed.
“Central Garden & Pet Company issued a press release reporting preliminary financial information for the second quarter ended March 25, 2023, and updating forward-looking guidance for the fiscal year ended September 30, 2023”
Shareholder Votes
CENTRAL GARDEN & PET CO shareholders approved The ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending on September 30, 2023. at the 2023-02-07 meeting.
“Proposal Four : The appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending on September 30, 2023 was ratified, by the votes set forth in the following table:”
Shareholder Votes
CENTRAL GARDEN & PET CO shareholders approved An advisory (non-binding) vote on the compensation of the Company’s named executive officers. at the 2023-02-07 meeting.
“Proposal Three : The shareholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers, by the votes set forth in the following table:”
Shareholder Votes
CENTRAL GARDEN & PET CO shareholders approved An advisory (non-binding) vote on how frequently (every one, two or three years) shareholders prefer that the Company conducts an advisory (non-binding) vote of shareholders on the compensation of the Company’s named executive officers. at the 2023-02-07 meeting.
“Proposal Two : The shareholders voted on an advisory (non-binding) basis, to hold an advisory (non-binding) vote on the compensation of the Company’s named executive officers every three years, by the votes set forth in the following table:”
Shareholder Votes
CENTRAL GARDEN & PET CO shareholders approved Election of eleven directors to serve until the 2024 Annual Meeting and until their successors are duly elected and qualified. at the 2023-02-07 meeting.
“Proposal One : The following individuals were elected to serve as directors until the Company’s next annual meeting and until their respective successors are elected and qualified by the votes set forth in the following table:”
Earnings Releases
CENTRAL GARDEN & PET CO reported first quarter fiscal 2023 ended December 24, 2022 results: revenue $628 million, net income $8 million, EPS $0.16. Guidance reaffirmed.
“Net sales were $628 million compared to $661 million a year ago, a decline of 5%. Gross margin was 27.4% compared to 30.0% a year ago. The decline was driven primarily by the Garden segment largely due to cost inflation and unfavorable overhead absorption due to lower sales, partially offset by pricing actions. Operating income was $0.4 million compared to $26 million a year ago, and operating margin was 0.1% compared to 4.0% in the prior year. The operating margin decline was primarily driven by the Garden segment largely due to cost inflation and overhead absorption pressures from lower sales, partially offset by lower commercial spend. Net interest expense of $14 million was in line with the prior year quarter. The Company's net loss was $8 million compared to net income of $9 million a year ago. Loss per share was $0.16 compared to earnings per share of $0.16 in the prior year quarter.”
Earnings Releases
CENTRAL GARDEN & PET CO reported fiscal 2023 results: EPS $2.60 to $2.80. Guidance initiated.
“Initial outlook for fiscal 2023 EPS in the range of $2.60 to $2.80”
Earnings Releases
CENTRAL GARDEN & PET CO reported the fourth quarter ended September 24, 2022 results: revenue $707 million, net income $2.0 million, EPS $0.04.
“Net sales decreased 4% to $707 million compared to $739 million in the fourth quarter of fiscal 2021. Gross margin decreased 60 basis points to 28.2% as the positive effect of pricing actions was more than offset by substantial inflationary cost pressure and lower sales volume. Operating income was $13 million, an increase of 34% compared to $10 million in the fourth quarter of fiscal 2021. Operating margin was 1.8%, an increase of 50 basis points compared to 1.3% in the prior year quarter. Other expense was $2.3 million compared to $1.9 million in the fourth quarter of fiscal 2021. Net interest expense of $14 million for the fourth quarter was in line with the prior-year quarter. This resulted in a net loss of $2.0 million compared to a net loss of $3.0 million in the fourth quarter of fiscal 2021, and a diluted loss per share of $0.04 compared to a diluted loss per share of $0.06 in the prior year quarter.”
Earnings Releases
CENTRAL GARDEN & PET CO reported the fiscal year ended September 24, 2022 results: revenue $3.3 billion, net income $152 million, EPS $2.80.
“Net sales were $3.3 billion, an increase of 1% compared to the prior year, driven by the Company's recent acquisitions. Net sales grew at a 12% three-year CAGR from $2.4 billion in fiscal 2019. Organic net sales decreased 3%. Net sales for the Pet segment were $1.9 billion, a decrease of 1% compared to a year ago, unfavorably impacted by SKU rationalization and the purposeful decision to exit low-profit private label product lines. Net sales for the Pet segment grew at a 9% three-year CAGR compared to $1.5 billion in fiscal 2019. Net sales for the Garden segment increased 4% to $1.5 billion compared to $1.4 billion in the prior year and at a 17% three-year CAGR compared to $923 million in fiscal 2019. Despite significant inflationary headwinds across commodities, freight and labor, gross margin increased 30 basis points to 29.7% compared to 29.4% a year ago. The Company was able to offset these headwinds through a combination of pricing actions, favorable product mix and gross producti”
George A. Yuhas resigned as General Counsel and Secretary at CENTRAL GARDEN & PET CO.
“Mr. Yuhas’s resignation as General Counsel became effective on April 4, 2022 upon the appointment of the Company’s new general counsel.”
George A. Yuhas resigned as General Counsel and Secretary at CENTRAL GARDEN & PET CO.
“Mr. Yuhas’s resignation as General Counsel will be effective on April 4, 2022 upon the appointment of the Company’s new general counsel.”
George A. Yuhas departed as General Counsel and Secretary at CENTRAL GARDEN & PET CO.
“On November 29, 2021, George A. Yuhas, General Counsel and Secretary of Central Garden & Pet Company (the “Company”) informed the Company of his intent to retire during 2022 once the Company appoints his successor.”
Lisa Coleman was appointed as Director at CENTRAL GARDEN & PET CO.
“On August 11, 2021, Central Garden & Pet Company (the “ Company ”) appointed Lisa Coleman to the Company’s Board of Directors effective September 26, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.