Central Garden & Pet Company Announces Fiscal 2019 & Fourth Quarter Results

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Central Garden & Pet (CENT) Misses Q4 EPS by 13c, Revenues Beat; Offers Q1 EPS Outlook

November 26, 2019 4:03 PM EST

Central Garden & Pet (NASDAQ: CENT) reported Q4 EPS of $0.04, $0.13 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $540.74 million versus the consensus estimate of $517 million.

Fourth Quarter Non-GAAP Operating Income, Net Earnings and EPS

Non-GAAP results for the fourth quarter of fiscal 2018 exclude a favorable tax impact of $5.1 million from the revaluation of the Company\'s deferred tax accounts;Non-GAAP net income decreased to $2.4 million from $5.4 million in the fourth quarter a year ago;Non-GAAP earnings per diluted share decreased to $0.04 from $0.10 in the fourth... More