Central Garden & Pet FY2024 GAAP EPS falls to $1.62; non-GAAP EPS rises to $2.13
Central Garden & Pet reported fiscal 2024 net sales of $3.2 billion, down 3% from $3.3 billion, with GAAP diluted EPS of $1.62 versus $1.88 a year earlier and non-GAAP diluted EPS of $2.13 versus $2.07. The company expects fiscal 2025 non-GAAP EPS of $2.20 or better, while fourth-quarter results included a net loss of $34 million.
Key points
- Fiscal 2024 net sales were $3.2 billion, down 3%; organic net sales fell 4%.
- Fourth-quarter net sales were $669 million, down 11%, and the company posted a GAAP net loss of $34 million, or $0.51 per diluted share.
- Fiscal 2025 non-GAAP EPS is expected to be $2.20 or better, according to the company's outlook.
- Cash and cash equivalents were $754 million at September 28, 2024, compared with $489 million a year earlier.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.