Central Garden & Pet raises fiscal 2026 EPS outlook to $2.85 or better; Q3 sales fall 8%
Central Garden & Pet reported fiscal 2026 third-quarter net sales of $882 million, down 8% from $961 million, while organic net sales rose 2%. The company raised its fiscal 2026 non-GAAP diluted EPS outlook to $2.85 or better from $2.70 or better, and agreed after quarter-end to acquire an 80% interest in TRIXIE for €340 million in cash at closing plus up to €60 million in earn-out payments.
Key points
- Q3 net sales were $882 million versus $961 million, down 8%; organic net sales rose 2% to $862 million versus $842 million.
- Q3 GAAP diluted EPS was $1.45 versus $1.52; non-GAAP diluted EPS was $1.54 versus $1.56.
- Fiscal 2026 non-GAAP diluted EPS outlook raised to $2.85 or better from $2.70 or better.
- Agreed to acquire 80% of TRIXIE for €340 million in cash at closing plus up to €60 million in earn-out payments; closing is expected in the first half of fiscal 2027.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing 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 August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.