Central Garden & Pet reported a strong start to fiscal year 2025, with net sales increasing by 3% to $656 million and EPS reaching $0.21. The company's performance was driven by increased shipments, productivity gains, and easing inflation. They maintain their outlook for fiscal 2025 non-GAAP EPS of $2.20 or better.
Net sales increased by 3% to $656 million compared to $635 million in the prior year.
Earnings per share (EPS) increased to $0.21, up from $0.01 in the previous year.
Operating income grew to $28 million, a significant increase from $8 million year-over-year.
The company maintains its outlook for fiscal 2025 non-GAAP EPS to be $2.20 or better.
Central continues to expect fiscal 2025 non-GAAP EPS to be $2.20 or better. This outlook reflects the expected impact of the recently announced tariffs, deflationary pressure in certain commodity businesses, shifting consumer behavior amid macroeconomic and geopolitical uncertainty, and challenges within the brick-and-mortar retail landscape.