Central Garden & Pet Co (CENT) stock soared 7.55% in pre-market trading on Thursday, following the company's strong first-quarter results and reaffirmed fiscal 2025 guidance.
The company reported robust growth in both earnings per share and net sales for the quarter, driven by disciplined cost management, easing inflationary pressures, and robust growth in e-commerce sales. The new distribution center in Covington, Georgia, has also increased efficiency and reduced the distribution footprint.
While CENT anticipates a softer second quarter due to timing of shipments and promotions, the company remains confident in its strategy and outlook. It reaffirmed its fiscal 2025 guidance for non-GAAP EPS of $2.20 or higher, citing ongoing efforts to mitigate challenges such as consumer pressure, competitive promotions, and potential impacts from extreme weather patterns.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。