Central Garden & Pet Company CENT has been reinforcing its position in the pet supplies, and lawn and garden supplies space via prudent buyouts. Management has been developing new products, advancing digital capabilities, optimizing supply chain and focusing on marketing activities for a while. CENT is also on track with its Central to Home strategy. Its Pet segment has also been standing out so far.
Shares of this producer and distributor of lawn and garden products, and pet supplier have gained 2.8% in the past year against the industry’s 25% decline. The stock has a VGM Score of A and a Zacks Rank #3 (Hold) at present. For fiscal 2022, the Zacks Consensus Estimate for Central Garden & Pet’s sales is currently pegged at $3.36 billion, suggesting growth of 1.7% from the year-ago period’s corresponding figure.
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Unique packaging, point-of-sale displays, logistic capabilities and a high level of