NASDAQ$CENTA
Central Garden & Pet Company · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Central Garden & Pet had record operating results for Q4 and fiscal year 2020.
Central Garden & Pet announced record fourth quarter results, with net sales increasing by 25.0% to $676.0 million and earnings per share growing to $0.25. The company's success was attributed to the hard work of employees and a focus on customer needs.
- Net sales increased 25.0% to $676.0 million compared to the fourth quarter a year ago.
- Gross margin increased to 29.0%, an improvement of 150 basis points compared to the fourth quarter a year ago, primarily driven by favorable mix of product sales and pricing.
- Operating income for the quarter increased to $25.2 million compared to $10.9 million in the prior year quarter.
- The Company's net income was $13.6 million compared to $2.4 million in the prior year quarter, and earnings per fully-diluted share grew to $0.25 versus $0.04 in the fourth quarter of fiscal 2019.
Headline financials
Revenue & EPS history
Central Garden & Pet · Revenue · Quarterly
$676M
Revenue by segment
Central Garden & Pet · $676M total across 2 segments · Q4 2020
- Pet Segment$434M+22.0%64.2%
- Garden Segment$242M+30.9%35.8%
Forward guidance
The Company currently projects fiscal 2021 GAAP EPS of $1.90 or better. This translates to fiscal 2021 adjusted EPS of $2.05 or better.
Tailwinds
- Increased investments in capacity expansion
- Brand building
- eCommerce as the Company continues to invest in sustainable growth
- Resuming more normal levels of promotional activity
- Resuming more normal levels of travel
Headwinds
- Increases in labor cost
- Increases in freight cost
- Increases in key commodities
- Second-half headwinds associated with lapping almost ideal weather for the gardening season
- COVID-19 tailwinds in 2020
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-0.4%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+0.4%
Avg return
30 days after
53%
34 / 64 earnings
Positive
+18.5%
Q1 2016
Best reaction
-22.9%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +3.2% | +2.2% | +4.9% | |
| Q1 2026 | +0.0% | -1.4% | -0.9% | |
| Q4 2025 | +8.2% | +8.2% | +3.3% | |
| Q2 2025 | +0.3% | +6.3% | +4.4% | |
| Q1 2025 | -0.9% | +0.8% | +0.1% | |
| Q4 2024 | -0.2% | +2.9% | -1.4% | |
| Q3 2024 | +5.0% | +0.5% | +0.7% | |
| Q2 2024 | +11.9% | +11.8% | +0.3% | |
| Q1 2024 | +5.6% | +14.6% | +6.9% | |
| Q4 2023 | -10.8% | -10.2% | +6.6% | |
| Q3 2023 | +15.6% | +12.8% | +8.0% | |
| Q2 2023 | +6.3% | +4.0% | +2.0% | |
| Q1 2023 | +4.0% | +7.4% | +0.0% | |
| Q4 2022 | -8.8% | -9.0% | -13.4% | |
| Q3 2022 | +0.7% | +3.2% | -11.3% | |
| Q2 2022 | +0.7% | +3.7% | +2.7% | |
| Q1 2022 | +0.3% | -6.3% | -1.1% | |
| Q4 2021 | -3.6% | -5.4% | -2.8% | |
| Q3 2021 | -3.0% | -1.9% | -8.0% | |
| Q2 2021 | +5.8% | +5.5% | -1.0% | |
| Q1 2021 | +5.2% | +6.3% | +11.8% | |
| Q4 2020 | +1.7% | +0.2% | -6.1% | |
| Q3 2020 | +7.1% | +6.3% | -0.1% | |
| Q2 2020 | +2.3% | +8.4% | +10.7% | |
| Q1 2020 | -1.8% | -3.8% | -10.8% | |
| Q4 2019 | -18.4% | -16.5% | +0.1% | |
| Q3 2019 | -22.9% | -24.1% | -12.7% | |
| Q2 2019 | +4.4% | +5.4% | +2.6% | |
| Q1 2019 | -21.0% | -22.2% | -24.5% | |
| Q4 2018 | +2.6% | +10.0% | +4.8% | |
| Q3 2018 | -0.4% | +0.7% | -9.4% | |
| Q2 2018 | +5.4% | +9.8% | +13.5% | |
| Q1 2018 | +8.6% | +5.4% | +7.7% | |
| Q4 2017 | +3.5% | +5.3% | +4.1% | |
| Q3 2017 | +11.7% | +11.0% | +12.4% | |
| Q2 2017 | +3.3% | +0.2% | -6.7% | |
| Q1 2017 | -4.3% | -7.1% | +0.6% | |
| Q4 2016 | +9.0% | +12.3% | +12.9% | |
| Q3 2016 | +7.1% | +7.7% | +6.0% | |
| Q2 2016 | -2.8% | — | — | |
| Q1 2016 | +18.5% | — | — | |
| Q4 2015 | +14.9% | — | — | |
| Q3 2015 | +3.1% | — | — | |
| Q2 2015 | -4.3% | — | — | |
| Q1 2015 | +3.5% | — | — | |
| Q4 2014 | +4.1% | — | — | |
| Q3 2014 | -0.4% | — | — | |
| Q2 2014 | -7.4% | — | — | |
| Q1 2014 | +7.5% | — | — | |
| Q4 2013 | -11.5% | — | — | |
| Q3 2013 | -13.5% | — | — | |
| Q2 2013 | -12.0% | — | — | |
| Q1 2013 | -2.8% | — | — | |
| Q4 2012 | -13.1% | — | — | |
| Q3 2011 | -4.2% | — | — | |
| Q4 2011 | -4.2% | — | — | |
| Q3 2012 | -6.1% | — | — | |
| Q2 2012 | -7.4% | — | — | |
| Q1 2011 | +1.4% | — | — | |
| Q1 2012 | +4.7% | — | — | |
| Q2 2011 | -3.6% | — | — | |
| Q4 2009 | -3.6% | — | — | |
| Q3 2010 | -14.7% | — | — | |
| Q4 2010 | -14.7% | — | — |
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