Central Garden & Pet Q2 sales rise 8.6%, beat estimates

Central Garden & Pet Co

06/05/2026 21:19

Overview

US pet and garden goods firm's preliminary fiscal Q2 sales rose, beating analyst expectations

Preliminary operating income for fiscal Q2 beat analyst expectations

Company reaffirmed fiscal 2026 non-GAAP EPS outlook and announced new pet distribution partnership

Outlook

Central Garden & Pet maintains fiscal 2026 non-GAAP diluted EPS outlook of $2.70 or better

Company expects pet distribution partnership to have minimal impact on fiscal 2026 EPS

Capital expenditures projected at $50 mln to $60 mln for fiscal 2026

Result Drivers

PET SEGMENT GROWTH - Co said Pet segment sales rose due to continued strength in Dog & Cat and Animal Health, and Outdoor Cushions shipment timing

GARDEN SEGMENT GROWTH - Co said Garden segment sales rose due to shipment timing and new listings in Grass and Fertilizer

MARGIN EXPANSION - Co reported expanded gross and operating margins, citing consistent execution and improving performance across the organization

Company press release: ID:nBw9nfN1Na

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$906 mln
$844.70 mln (5 Analysts)
Q2 EPS
$1.28
Q2 Net Income
$79 mln
Q2 Operating Income
Beat
$114 mln
$99.05 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for Central Garden & Pet Co is $50.00, about 38.5% above its May 5 closing price of $36.09

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)