Central Garden & Pet (NASDAQ:CENT) will report earnings after market close. Last quarter, revenues were $960.9 million, down 3.6% YoY, missing estimates by 2.1%. EBITDA estimates were beat but revenue estimates missed. This quarter, revenue is expected to decline 2.5% YoY to $652.7 million, with an adjusted loss of -$0.20 per share. Analysts have reaffirmed estimates. Peers like Clorox saw a revenue decrease of 18.9% and Reynolds reported a 2.3% increase. Household products stocks have underperformed lately. Central Garden & Pet’s stock price is $32.32, with a target of $42.33. Interested in enterprise software stocks leveraging generative AI? Check out StockStory’s Special Free Report.
Read more at Barchart: Central Garden & Pet (CENT) Reports Earnings Tomorrow: What To Expect
