Central Garden & Pet Company·Consumer Defensive

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PHOENIX--(BUSINESS WIRE)-- #BarnLife--Farnam, a trusted leader in horse care for 80 years and part of the Central Garden & Pet portfolio, is celebrating its anniversary by continuing its commitment to horse owners through trusted horse care solutions, continued innovation, and the launch of the Horse Care Grant Sweepstakes. Since 1946, Farnam has helped support horses from head to hoof with trusted products across fly control, supplements, grooming, leather care, dewormers and rodenticides. Passed down.

Here is how Central Garden (CENT) and Carter's (CRI) have performed compared to their sector so far this year.

WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #FinancialResults--Central Garden & Pet Company (NASDAQ: CENT), (NASDAQ: CENTA), a leading consumer goods company in the pet and garden industries, today announced that members of its management team will participate in the following upcoming investor conferences and host meetings with institutional investors: CJS Securities 2nd annual Spring Virtual 1x1 Conference (May 13) Virtual – Brad Smith, Chief Financial Officer; John Jordan, CFO, Garden Segment; and Friederike Ed.

Central Garden & Pet posts a Q2 earnings beat as Pet and Garden sales rise, margins improve and both segments deliver strong operating growth.

Central Garden & Pet Company is upgraded from 'hold' to a soft 'buy' as financial performance and segment stability improve. Both Pet and Garden segments posted revenue and profit growth, with Pet segment strength driven by consumables and market share gains. CENT trades at attractive valuation multiples, ranking as the cheapest among peers on an EV/EBITDA basis.
Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments, Pet and Garden. The Pet segment provides dog and cat supplies, such as dog treats and chews, toys, pet beds and grooming products, waste management and training pads, and pet containment; supplies for aquatics, small animals, reptiles, and pet birds, including toys, cages and habitats, bedding, and food and supplements; animal and household health and insect control products; live fish and products for fish, reptiles, and other aquarium-based pets, such as aquariums, furniture and lighting fixtures, pumps, filters, water conditioners, food, and supplements; and products for horses and livestock, as well as outdoor cushions and pillows. This segment sells its products under the Aqueon, Cadet, Comfort Zone, Farnam, Four Paws, Kaytee, K&H Pet Products, Nylabone, and Zilla brands. The Garden segment offers lawn and garden supplies products that include grass seed; wild bird feed, bird feeders, bird houses, and other birding accessories; fertilizers; decorative outdoor lifestyle products; live plants; and weed and grass, as well as other herbicides, insecticide, and pesticide products. This segment sells its lawn and garden supplies products under the AMDRO, Ferry-Morse, Pennington, and Sevin brands, as well as under Bell Nursery, Lilly Miller, and Over-N-Out other brand names. Central Garden & Pet Company was founded in 1955 and is based in Walnut Creek, California.
Consumer Defensive
Packaged Foods
6,000
1992-07-15
0.54