Central Garden & Pet (CENT) Raises Guidance Even As Sales Slide
Central Garden & Pet (CENT) reported a 8% sales decline to $882M in Q3 but raised its full-year profit outlook due to margin expansion. The Garden segment drove growth, while the Pet segment saw a 19% sales drop. The company also announced a deal to acquire 80% of TRIXIE for up to €400M, expected to close in fiscal 2027.



