Central Garden and Pet Company (CENT)
Sector • Consumer Non Cyclical Industry • Consumer Products |
Industry • Consumer Products |
Sector • Consumer Non Cyclical |
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
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.