NASDAQ Framework: Central Garden & Pet Company
Pet and garden products market leader 1.
1: Raising rating to BUY with a target price of $50 COMPANY DESCRIPTION Based in Walnut Creek, California, Central Garden & Pet is a leading producer and marketer of pet, lawn, and garden products in the U.S. The company has two segments, Pet and Garden. The Pet segment manufactures and markets pet supplies, products for livestock, and outdoor cushions. The Garden segment supplies grass, vegetable and flower seeds, wild bird feed and other bird accessories, herbicides, insecticides, pesticides, fertilizers, and live plants. Founded in 1955, the company has about 6,700 employees. The CENT shares are a component of the S&P 600 Small Cap Index. Rating Price Target Argus• last month Weekly Tee Up: PCE, the Fed's Fav Weekly Tee Up: PCE, the Fed's Fav Argus• last month Looking for more favorable entry point COMPANY DESCRIPTION Based in Walnut Creek, California, Central Garden & Pet is a leading producer and marketer of pet, lawn, and garden products in the U.S. The company has two segments, Pet and Garden. The Pet segment manufactures and markets pet supplies, products for livestock, and outdoor cushions. The Garden segment supplies grass, vegetable and flower seeds, wild bird feed and other bird accessories, herbicides, insecticides, pesticides, fertilizers, and live plants. Founded in 1955, the company has about 6,300 employees. The CENT shares are a component of the S&P 600 Small Cap Index. Rating Price Target Argus• 4 months ago Confounding the Experts Confounding the Experts Argus• 4 months ago View Source
Central Garden & Pet Company, based in Walnut Creek, California, is a leading producer and marketer in the pet and garden industries. With over 40 years of experience, the company boasts a portfolio of more than 65 high-quality brands, including Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone®, and Pennington®. Central Garden & Pet is dedicated to enhancing the lives of pets and homeowners by providing innovative and trusted products that help lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger. Employing over 6,700 passionate individuals across North America and Europe, the company reported fiscal 2023 net sales of $3.3 billion and continues to drive growth through its entrepreneurial culture and strong manufacturing and distribution capabilities 234567.
2: Central Garden & Pet understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. Our innovative and trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands, including Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone® and Pennington®, strong manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. With fiscal 2023 net sales of $3.3 billion, Central is on a mission to lead the future of the pet and garden industries. Central Garden & Pet is brought to life every day by over 6,700 passionate people who are located across North America and Europe. Our employees are talented, energetic, and dedicated to the growth and success of our brands. We take pride in providing a great work experience to our employees – including a safe work environment, friendly atmosphere, and a comprehensive compensation & benefits package. For additional information about careers at Central, please visit www.central.com/careers/career-with-central. View Source3: Central Garden & Pet Co understands that home is central to life and has nurtured happy and healthy homes for over forty years. The segments of the company are the pet segment and garden segment. The company's trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a portfolio of more than sixty-five brands including Pennington, Nylabone, Kaytee, Amdro, and Aqueon, manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. Central Garden and Pet is based in Walnut Creek, California, and has offices across North America and Europe. View Source4: Raising rating to BUY with a target price of $50 COMPANY DESCRIPTION Based in Walnut Creek, California, Central Garden & Pet is a leading producer and marketer of pet, lawn, and garden products in the U.S. The company has two segments, Pet and Garden. The Pet segment manufactures and markets pet supplies, products for livestock, and outdoor cushions. The Garden segment supplies grass, vegetable and flower seeds, wild bird feed and other bird accessories, herbicides, insecticides, pesticides, fertilizers, and live plants. Founded in 1955, the company has about 6,700 employees. The CENT shares are a component of the S&P 600 Small Cap Index. Rating Price Target Argus• last month Weekly Tee Up: PCE, the Fed's Fav Weekly Tee Up: PCE, the Fed's Fav Argus• last month Looking for more favorable entry point COMPANY DESCRIPTION Based in Walnut Creek, California, Central Garden & Pet is a leading producer and marketer of pet, lawn, and garden products in the U.S. The company has two segments, Pet and Garden. The Pet segment manufactures and markets pet supplies, products for livestock, and outdoor cushions. The Garden segment supplies grass, vegetable and flower seeds, wild bird feed and other bird accessories, herbicides, insecticides, pesticides, fertilizers, and live plants. Founded in 1955, the company has about 6,300 employees. The CENT shares are a component of the S&P 600 Small Cap Index. Rating Price Target Argus• 4 months ago Confounding the Experts Confounding the Experts Argus• 4 months ago View Source5: Central Garden & Pet (NASDAQ: CENT), (NASDAQ: CENTA) understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. With 2022 net sales of $3.3 billion, Central is on a mission to lead the future of the Pet and Garden industries. The Company’s innovative and trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands including Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone® and Pennington®, strong manufacturing and distribution capabilities and a passionate, entrepreneurial growth culture. Central is based in Walnut Creek, California and has over 7,000 employees across North America and Europe. Visit www.central.com to learn more. View Source6: Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. With fiscal 2023 net sales of $3.3 billion, Central is on a mission to lead the future of the Pet and Garden industries. The Company’s innovative and trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands including Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone® and Pennington®, strong manufacturing and distribution capabilities and a passionate, entrepreneurial growth culture. Central is based in Walnut Creek, California and has 6,700 employees across North America and Europe. Visit www.central.com to learn more. View Source7: Central is a market leader in the Pet and Garden industries. For over 40 years, Central has proudly nurtured happy and healthy homes by bringing innovative and trusted solutions to its consumers and customers. Driven by a portfolio of more than 65 high-quality brands including Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone® and Pennington®, along with a passionate, entrepreneurial growth culture, Central is dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger. Central is based in Walnut Creek, California, with 6,700 employees primarily in North America. View Source
NO
Central Garden & Pet Company is currently led by Beth Springer, who serves as the Interim CEO and Corporate Director, and there is no indication that the founders are still leading or heavily involved in the company 8.
Central Garden & Pet Company is currently led by Beth Springer, who serves as the Interim CEO and Corporate Director, and there is no indication that the founders are still leading or heavily involved in the company 8.
8: Dan Hoeller SVP Marketing - Garden at Central Garden & Pet Eric Anderson, CISSP Senior Network Engineer at Central Garden and Pet Ken Elsbury Beth Springer Interim CEO and Corporate Director View Source
LOW RISK
Central Garden & Pet Company is considered low risk due to its solid financial performance and market position. The company reported fiscal 2023 net sales of $3.3 billion 910, and despite a slight revenue decline of 1% year-on-year in Q1, it still beat Wall Street's estimates by 1.4% 11. The company has shown decent cash profitability, with a free cash flow margin averaging 6.3% over the last two years 12. Additionally, Central Garden & Pet has a diversified portfolio of over 65 high-quality brands and strong manufacturing and distribution capabilities 1314. While there was a cash burn of $33.87 million in Q1, the overall financial health and market leadership position suggest a stable outlook 15.
Central Garden & Pet Company is considered low risk due to its solid financial performance and market position. The company reported fiscal 2023 net sales of $3.3 billion 910, and despite a slight revenue decline of 1% year-on-year in Q1, it still beat Wall Street's estimates by 1.4% 11. The company has shown decent cash profitability, with a free cash flow margin averaging 6.3% over the last two years 12. Additionally, Central Garden & Pet has a diversified portfolio of over 65 high-quality brands and strong manufacturing and distribution capabilities 1314. While there was a cash burn of $33.87 million in Q1, the overall financial health and market leadership position suggest a stable outlook 15.
9: Central Garden & Pet understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. Our innovative and trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands, including Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone® and Pennington®, strong manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. With fiscal 2023 net sales of $3.3 billion, Central is on a mission to lead the future of the pet and garden industries. Central Garden & Pet is brought to life every day by over 6,700 passionate people who are located across North America and Europe. Our employees are talented, energetic, and dedicated to the growth and success of our brands. We take pride in providing a great work experience to our employees – including a safe work environment, friendly atmosphere, and a comprehensive compensation & benefits package. For additional information about careers at Central, please visit www.central.com/careers/career-with-central. View Source10: Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. With fiscal 2023 net sales of $3.3 billion, Central is on a mission to lead the future of the Pet and Garden industries. The Company’s innovative and trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands including Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone® and Pennington®, strong manufacturing and distribution capabilities and a passionate, entrepreneurial growth culture. Central is based in Walnut Creek, California and has 6,700 employees across North America and Europe. Visit www.central.com to learn more. View Source11: This quarter, Central Garden & Pet's revenue fell 1% year on year to $900.1 million but beat Wall Street's estimates by 1.4%. Looking ahead, Wall Street expects revenue to remain flat over the next 12 months. View Source12: Central Garden & Pet has shown decent cash profitability, giving it some flexibility to reinvest. The company's free cash flow margin averaged 6.3% over the last two years, slightly better than the broader consumer staples sector. View Source13: Central Garden & Pet understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. Our innovative and trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands, including Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone® and Pennington®, strong manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. With fiscal 2023 net sales of $3.3 billion, Central is on a mission to lead the future of the pet and garden industries. Central Garden & Pet is brought to life every day by over 6,700 passionate people who are located across North America and Europe. Our employees are talented, energetic, and dedicated to the growth and success of our brands. We take pride in providing a great work experience to our employees – including a safe work environment, friendly atmosphere, and a comprehensive compensation & benefits package. For additional information about careers at Central, please visit www.central.com/careers/career-with-central. View Source14: Central is a market leader in the Pet and Garden industries. We are a highly diversified, leading innovator, producer and distributor of branded and private label products for the lawn & garden and pet supplies markets in the United States. Driven by a portfolio of more than 65 high-quality brands such as Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone® and Pennington®, along with a passionate, entrepreneurial growth culture, we are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. View Source15: Central Garden & Pet burned through $33.87 million of cash in Q1, equivalent to a negative 3.8% margin. The company's cash burn increased by 26.8% year on year. View Source
YES
Central Garden & Pet Company is launching new product offerings. For instance, Aqueon® recently launched the BlueIQ™ App for smart and easy aquarium care 16.
Central Garden & Pet Company is launching new product offerings. For instance, Aqueon® recently launched the BlueIQ™ App for smart and easy aquarium care 16.
16: Nylabone Sponsors Reunification of Retired Military Dog with Former Handler Business Wire Jul 2, 2024 1:02pm Aqueon® Launches BlueIQ™ App for Smart and Easy Aquarium Care Business Wire Jun 13, 2024 1:01pm Outdoor Furniture Cushion Brand ARDEN Partners with Country Music Singer & Songwriter Alexandra Kay to Launch “Favorites” Collection Ahead of Summer Patio Season Business Wire Jun 4, 2024 1:02pm Central Garden & Pet to Participate in a Fireside Chat at the Virtual Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference Business Wire May 30, 2024 1:02pm Pennington Celebrates Overlooked Plant Moms for Mother’s Day in Humorous Spot Business Wire May 9, 2024 8:43pm Leading Horse Care Brand Farnam and Country Music Trio The Castellows Partner in New Music-Led Campaign “Everything for the Ride” Honoring Lifelong Bonds with Horses Business Wire May 9, 2024 4:31pm Central Garden & Pet Announces Q2 Fiscal 2024 Financial Results Business Wire May 8, 2024 8:02pm DoMyOwn.com Celebrates 20 Years of DIY Pest Control and Lawn Care Business Wire May 7, 2024 1:01pm View Source
Central Garden & Pet Company is focused on expanding its product portfolio and enhancing its market presence from 2024 through 2026. The acquisition of TDBBS, LLC, a provider of premium natural dog chews and treats, is a strategic move to strengthen its position in the pet industry, particularly in the dog treats and chews category 1718. The company is also leveraging its strong manufacturing and distribution capabilities to support this growth. Additionally, Central Garden & Pet aims to enhance its digital and eCommerce capabilities, further solidifying its market leadership 1920. This strategy aligns with its mission to lead the future of the pet and garden industries by continuing to offer innovative and trusted products that enhance the lives of pets and homeowners 2122.
17: WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Central Garden & Pet (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a market leader in the Pet and Garden industries, announced today that it has acquired TDBBS, LLC (“TDBBS”) from Bregal Partners. Based in Richmond, VA, TDBBS is a provider of premium natural dog chews and treats. The addition of TDBBS will expand Central’s portfolio with bully and collagen sticks, bones and jerky, and further strengthen Central’s eCommerce and digital capabilities. View Source18: “We are excited to welcome the TDBBS team into the Central Garden & Pet organization,” said Beth Springer, Interim CEO of Central. “Our Central to Home strategy is focused on building further scale in our two industries and growing leading brands consumers love. Adding TDBBS’s established brands and digital capabilities solidifies our position in the large and growing dog treats and chews category and will strengthen our footprint with key customers.” View Source19: WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Central Garden & Pet (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), a market leader in the Pet and Garden industries, announced today that it has acquired TDBBS, LLC (“TDBBS”) from Bregal Partners. Based in Richmond, VA, TDBBS is a provider of premium natural dog chews and treats. The addition of TDBBS will expand Central’s portfolio with bully and collagen sticks, bones and jerky, and further strengthen Central’s eCommerce and digital capabilities. View Source20: “We are excited to welcome the TDBBS team into the Central Garden & Pet organization,” said Beth Springer, Interim CEO of Central. “Our Central to Home strategy is focused on building further scale in our two industries and growing leading brands consumers love. Adding TDBBS’s established brands and digital capabilities solidifies our position in the large and growing dog treats and chews category and will strengthen our footprint with key customers.” View Source21: Central Garden & Pet understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. Our innovative and trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands, including Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone® and Pennington®, strong manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. With fiscal 2023 net sales of $3.3 billion, Central is on a mission to lead the future of the pet and garden industries. Central Garden & Pet is brought to life every day by over 6,700 passionate people who are located across North America and Europe. Our employees are talented, energetic, and dedicated to the growth and success of our brands. We take pride in providing a great work experience to our employees – including a safe work environment, friendly atmosphere, and a comprehensive compensation & benefits package. For additional information about careers at Central, please visit www.central.com/careers/career-with-central. View Source22: Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. With fiscal 2023 net sales of $3.3 billion, Central is on a mission to lead the future of the Pet and Garden industries. The Company’s innovative and trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands including Amdro®, Aqueon®, Cadet®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, K&H®, Nylabone® and Pennington®, strong manufacturing and distribution capabilities and a passionate, entrepreneurial growth culture. Central is based in Walnut Creek, California and has 6,700 employees across North America and Europe. Visit www.central.com to learn more. View Source