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The company posted adjusted earnings of 12 cents per share that beat the Zacks Consensus Estimate of 3 cents and increased sharply ชุดเครื่องนอน toto from the year-ago figure of 1 cent. More than half of the companys earnings growth was driven by acquisitions, favorable timing of revenues and effective cost-containment efforts. Moreover, the companys continues to deliver robust organic sales growth and gain in market share. Net sales of this leading producer of branded lawn & garden and pet supplies products grew 16.6% year over year to $419.5 million and outdid the Zacks Consensus Estimate of $376 million, after missing the same in the preceding quarter. Revenue growth was driven by fresh two acquisitions, increase in market share of Pet segment and also due to promising end to the Fall garden season. Gross profit increased 20.9% to $120.7 million, while gross margin expanded 110 basis points (bps) to 28.8%. Central Garden & Pet reported adjusted operating income of $17.9 million that doubled from the year-ago quarter. Operating margin expanded 190 bps to 4.3% in the reported quarter. Central Garden & Pet Company Price, Consensus and EPS Surprise Central Garden & Pet Company Price, Consensus and EPS Surprise | Central Garden & Pet Company Quote Segment Details The Pet segments net sales surged 22.2% year over year to $304 million on the back of acquisitions as well as organic growth. Sales across the segments branded product and other manufacturers products came in at $246.4 million and $57.7 million, reflecting an increase of 30.6% and decline of 4%, respectively.
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