Central Garden & Pet Q3 FY26 net income falls 5% to $90 million; net sales drop 8% to $882 million
CENT•Q3 results
- Central Garden & Pet posted fiscal Q3 net income of $90 million, down 5% year over year, with diluted EPS of $1.45.
- Net sales fell 8% to $882 million, while gross margin widened 1.3 percentage points to 35.9%.
- Operating income slipped 7% to $126 million, while operating margin edged up 0.2 percentage points to 14.3%.
Segment performance and outlook
- Pet segment net sales dropped 19% to $400 million, while Garden segment net sales rose 3% to $482 million.
- Central raised its fiscal 2026 outlook for non-GAAP diluted EPS to $2.85 or better, up from $2.70 or better, and agreed to buy 80% of TRIXIE for up to EUR 400 million.
