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Central Garden and Pet Company  (CENT)
 

Looking into second quarter of 2023 effort, the company's experienced that demand was barely below the comparable period a year ago

company delivered second quarter of 2023 operating surplus of $78.041 million


Published 2023-05-05T23:39:06+00:00
Goran Soko / CSIMarket.com Contributer


For the financial second quarter of 2023 company earnings per share dropped by -29.13 % of $0.90 per share compare to $1.27 a year ago and earnings per share turned positive from $-0.16 per share from the prior reporting period.

The revenue contracted by -4.754 % to $909.00 million from $954.37 million in the comparable reporting period a year ago and sequentially revenue surged by 44.824 % from $627.66 million.




Net earnings of $48.678 million in the financial second quarter of 2023 fell by -30.74 % from $70.286 million in the corresponding period a year before. Looking further into financial second quarter of 2023 Central Garden And Pet Company's profitability, operating margin mitigated to 8.59%, and net margin shrank to 5.36%.
Operating earnings, fell -26.96% to $78.041 million, squeezing Central Garden And Pet Company's operating margin to 8.59%, from 11.2% in the second quarter of 2022.

Central Garden And Pet Company is expected to report next financial recent numbers on August 03, 2023.



Central Garden And Pet's Price to Book ratio

Central Garden And Pet's Price to Book ratio



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