Central Garden & Pet Company Reports Earnings Results for the Second Quarter and Six Months Ended March 25, 2023
May 03, 2023 at 04:16 pm
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Central Garden & Pet Company reported earnings results for the second quarter and six months ended March 25, 2023. For the second quarter, the company reported sales was USD 909 million compared to USD 954.37 million a year ago. Net income was USD 48.12 million compared to USD 69.71 million a year ago. Basic earnings per share from continuing operations was USD 0.92 compared to USD 1.3 a year ago. Diluted earnings per share from continuing operations was USD 0.9 compared to USD 1.27 a year ago.
For the six months, sales was USD 1,536.67 million compared to USD 1,615.77 million a year ago. Net income was USD 39.68 million compared to USD 78.72 million a year ago. Basic earnings per share from continuing operations was USD 0.76 compared to USD 1.47 a year ago. Diluted earnings per share from continuing operations was USD 0.74 compared to USD 1.44 a year ago.
Central Garden & Pet Company is engaged in the garden and pet industries in the United States. Its segments include Pet and Garden. Its Pet segment includes dog and cat supplies such as dog treats and chews, toys, pet beds and grooming products, waste management and training pads, pet containment; supplies for aquatics, small animals, reptiles and pet birds, including toys, cages and habitats, bedding, food and supplements; products for equine and livestock, animal and household health and insect control products; live fish and small animals as well as outdoor cushions. These products are sold under brands such as Aqueon, Cadet, Comfort Zone, Farnam, Four Paws K&H Pet Products (K&H), Kaytee, Nylabone and Zilla. Its Garden segment includes lawn and garden consumables such as grass seed, vegetable, flower and herb packet seed; wild bird feed, bird houses and other birding accessories; weed, grass, and other herbicides, insecticide and pesticide products; fertilizers and live plants.
CENTRAL GARDEN & PET COMPANY 
