Business
Central Garden & Pet Reports Fourth Quarter and Fiscal Year 2025 Financial Results and Provides Fiscal 2026 Outlook
Fiscal 2025 net sales of $3.1 billion vs. $3.2 billion in the prior year Delivers fiscal 2025 GAAP EPS of $2.55 vs. $1.62, non-GAAP EPS of $2.73 vs. $2.13
About this update from Central Garden & Pet Company
[{"type":"text","content":"\nFiscal 2025 net sales of $3.1 billion vs. $3.2 billion in the prior year\nDelivers fiscal 2025 GAAP EPS of $2.55 vs. $1.62, non-GAAP EPS of $2.73 vs. $2.13\nExpects fiscal 2026 non-GAAP EPS of $2.70 or better\n\n WALNUT CREEK, Calif.--(BUSINESS WIRE)--\nCentral Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (\"Central\"), a leading company in the pet and garden industries, today announced results for its fourth quarter and fiscal year ended September 27, 2025.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251124983754/en/\n\"This was a record year on the bottom line, marked by continued margin expansion and disciplined execution of our Cost and Simplicity agenda,\" said Niko Lahanas, CEO of Central Garden & Pet. \"Our teams delivered strong profits in Pet and Garden, successfully navigated weather and a fluid macro backdrop, and ended the year with a record cash position, giving us the flexibility to invest in our business and return value to shareholders. While the external landscape remains dynamic, we are confident that our Central to Home strategy and exceptional team position us to build on this momentum in fiscal 2026.\"\n\nCost and Simplicity Agenda\n\nCentral continued to make strong progress on its multi-year Cost and Simplicity agenda—a comprehensive initiative spanning procurement, manufacturing, logistics, portfolio management, and administrative efficiency. The initiative is simplifying operations, reducing complexity, and strengthening margins across the organization.\n\nDuring the fourth quarter, Central largely completed its multi-year Supply Network Design project, a major milestone that enhanced customer alignment, improved service speed, and increased cost efficiency across logistics. The project also established enterprise-wide eCommerce fulfillment capabilities and modernized the Company’s logistics footprint. Together with the sale of the garden distribution business to the independent channel and the strategic exit from the pottery business, these actions have enabled Central to close 16 legacy facilities to date.\n\nFiscal 2025 Results\n\n(All comparisons versus fiscal 2024)\n\nNet sales were $3.1 billion compared to $3.2 billion, a decrease of 2%. Pet segment sales were $1.8 billion, decreasing 2%, while Garden segment sales were $1.3...