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.
For comments and feedback: editorial@rttnews.com