CENT Earnings Prediction
The chart below shows how CENT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CENT sees a -0.93% change in stock price 10 days leading up to the earnings, and a +3.53% change 10 days following the report. On the earnings day itself, the stock moves by +0.45%. This data can give you a slight idea of what to expect for the next quarter's release.
CENT Key Earning Data
CENT Earnings Analysis
Positive
Net Sales Decline: Net sales were $3.2 billion, a decrease of 3% compared to the prior year.
Gross Profit and Margin Expansion: Non-GAAP gross profit for the year was $960 million compared to $957 million, and non-GAAP gross margin expanded by 110 basis points to 30%, driven by productivity efforts throughout the year and moderating inflation.
Record Cash from Operations: Cash provided by operations was at an all-time high of $395 million in fiscal 2024, versus $382 million in the prior year.
Non-GAAP EPS Growth: We delivered growth in non-GAAP EPS, demonstrating our financial resilience.
Margin Expansion and Cash Flow: We successfully expanded our gross margin despite softer category consumption sales, and we achieved a record-breaking cash flow year, solidifying our fortress balance sheet.
Negative
Organic Sales Decline: Organic net sales declined 4%, excluding the impact of the TDBBS acquisition and the sale of our independent garden channel distribution business.
Fourth Quarter Net Sales Decline: Net sales for the fourth quarter were $669 million, down 11% versus the prior year, primarily due to lapsing the extra week last year.
Gross Profit Decline: Non-GAAP gross profit for the quarter was $174 million compared to $199 million, with non-GAAP gross margin contracting 60 basis points to 26%.
Pet Net Sales Decline: Pet net sales decreased 10% to $435 million, with organic net sales decreasing 14%, excluding the impact of TDBBS.
Garden Net Sales Decline: Garden net sales were $234 million, down 12% versus a year ago, with organic net sales decreasing 11%, excluding the sale of the distribution business.
CENT FAQs
How does CENT typically perform around its earnings report dates?
CENT's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -0.93% change leading up to the report and a +3.53% change in the 10 days following the release.
Is Central Garden & Pet Company (CENT) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
CENT Earning Call Sentiment
Central Garden & Pet Company (CENT) Q4 2024 Earnings Call Transcript
CENT.O
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