Central Garden & Pet (CENT) Projected to Post Quarterly Earnings on Wednesday

Central Garden & Pet (NASDAQ:CENT) is projected to release its Q2 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $1.08 per share and revenue of $846.58 million for the quarter. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 4:30 PM ET.

Central Garden & Pet (NASDAQ:CENT) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.10. Central Garden & Pet had a net margin of 5.04% and a return on equity of 10.99%. The firm had revenue of $617.37 million for the quarter, compared to the consensus estimate of $636.62 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. The business’s revenue was down 5.9% on a year-over-year basis. On average, analysts expect Central Garden & Pet to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Central Garden & Pet Price Performance

Central Garden & Pet stock opened at $36.73 on Monday. The firm has a market capitalization of $2.29 billion, a price-to-earnings ratio of 14.99 and a beta of 0.62. The firm’s fifty day moving average price is $37.48 and its two-hundred day moving average price is $34.59. Central Garden & Pet has a 1-year low of $28.77 and a 1-year high of $41.25. The company has a current ratio of 3.42, a quick ratio of 1.97 and a debt-to-equity ratio of 0.76.

Insiders Place Their Bets

In related news, Director John Ranelli sold 3,668 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $34.50, for a total transaction of $126,546.00. Following the transaction, the director directly owned 646 shares of the company’s stock, valued at $22,287. This trade represents a 85.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Brendan Dougher sold 3,250 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $33.38, for a total transaction of $108,485.00. Following the transaction, the director owned 12,845 shares in the company, valued at approximately $428,766.10. This trade represents a 20.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 8.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Central Garden & Pet

Hedge funds have recently modified their holdings of the company. AQR Capital Management LLC purchased a new position in shares of Central Garden & Pet in the 1st quarter worth approximately $255,000. Millennium Management LLC lifted its holdings in Central Garden & Pet by 39.2% during the first quarter. Millennium Management LLC now owns 259,144 shares of the company’s stock worth $9,500,000 after acquiring an additional 72,977 shares during the period. Empowered Funds LLC lifted its holdings in Central Garden & Pet by 6.6% during the first quarter. Empowered Funds LLC now owns 51,591 shares of the company’s stock worth $1,891,000 after acquiring an additional 3,199 shares during the period. Jane Street Group LLC purchased a new position in Central Garden & Pet in the first quarter worth $7,347,000. Finally, Legal & General Group Plc boosted its position in Central Garden & Pet by 1.5% in the second quarter. Legal & General Group Plc now owns 25,503 shares of the company’s stock worth $897,000 after purchasing an additional 369 shares during the last quarter. Institutional investors own 16.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CENT. Zacks Research lowered shares of Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Weiss Ratings raised Central Garden & Pet from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.00.

About Central Garden & Pet

Central Garden & Pet (NASDAQ: CENT) is a leading North American specialty retailer, manufacturer and distributor serving the lawn and garden and pet supplies markets. The company operates through two primary segments: Pet and Garden. In the Pet segment, Central Garden & Pet offers a comprehensive range of products including pet food, treats, accessories, training products and habitat solutions for dogs, cats, birds, fish and small animals. The Garden segment encompasses a wide array of lawn, garden and outdoor living products, such as soils, fertilizers, planters, pest control solutions, landscape lighting and watering equipment.

Central Garden & Pet’s product portfolio includes both proprietary and branded offerings.