Filing Flows › Central Garden & Pet (CENT) › Q2 FY25
Central Garden & Pet (CENT) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 8, 2025
Central Garden & Pet (CENT) reported revenue of $834M for the second quarter fiscal 2025 (Q2 FY25), -7% from a year earlier and +27% from the quarter before. Operating margin was 11.2%, net earnings $63.6M (7.6% of revenue).
Central Garden & Pet, Q2 FY25: revenue $834M (-7% year over year), operating margin 11.2%, net earnings $63.6M, operating cash flow −$46.9M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $834M | +27% | -7% |
| Gross profit | $273M | +40% | -2% |
| Operating profit | $93.3M | +233% | -0.1% |
| Net earnings | $63.6M | +354% | +3% |
| Operating cash flow | −$46.9M | -123% | — |
What changed
Revenue was $833.5M in Q2 FY25, down 7% year over year and up 27% from the previous quarter. Other garden supplies was the largest line at 28% of revenue. Other garden supplies lost $31.3M year over year (down 12%), 47% of the total change.
Gross margin was 32.8%, up 1.8 points from a year earlier. Operating profit was $93.3M, a 11.2% margin (up 0.8 points year over year). Operating expenses fell 3% while revenue fell 7%. Net earnings were $63.6M, up 3% year over year. The effective tax rate was 23.5%.
Operating cash flow was −$46.9M. Non-cash charges added back $20.6M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $136.3M. Capital expenditures of $10.7M exceeded it, leaving free cash flow of −$57.5M.
Questions
What was Central Garden & Pet's revenue in the second quarter fiscal 2025?
Central Garden & Pet (CENT) reported revenue of $834M for the second quarter fiscal 2025 (Q2 FY25), -7% from a year earlier and +27% from the quarter before.
Was Central Garden & Pet profitable in the second quarter fiscal 2025?
Operating profit was $93.3M (11.2% of revenue) and net earnings $63.6M.