Edition:
India

Central Garden & Pet Company Announces Fiscal 2019 & Q4 Results


Wednesday, 27 Nov 2019 

Nov 26 (Reuters) - Central Garden & Pet Co ::MPANY ANNOUNCES FISCAL 2019 & FOURTH QUARTER RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.04.Q4 EARNINGS PER SHARE $1.61.QTRLY NET SALES INCREASED 7.7% TO $540.7 MILLION.SEES Q1 DILUTED EPS IS CURRENTLY EXPECTED TO BE A LOSS OF $0.10 TO $0.15.DILUTED EPS FOR FISCAL 2020 WILL BE AT OR MODESTLY ABOVE FISCAL 2019 RESULTS.CENTRAL GARDEN & PET - RECENT FIRE AT ONE OF CO'S FACILITIES MAY IMPACT Q1 BUT IS CURRENTLY NOT EXPECTED TO MATERIALLY IMPACT FULL YEAR RESULTS.CENTRAL GARDEN & PET - UNDERPERFORMANCE IN CO'S ANIMAL HEALTH BUSINESSES AND UNFAVORABLE PRODUCT MIX ALSO CONTRIBUTED TO MARGIN DECLINE IN 2019. 

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