Central Garden & Pet Co. (CENT) posted first-quarter net loss of $2.9 million or $0.04 per share, narrower than $6.2 million or $0.09 per share in the prior year period.
Net sales for the quarter declined by 8% to $269 million from $293 million in the year-ago period.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.05 per share on revenues of $283.48 million for the quarter. Analysts' estimates typically exclude special items.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.