--- title: "Central Garden & Pet | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 906.15 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285432856.md" datetime: "2026-05-06T20:28:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285432856.md) - [en](https://longbridge.com/en/news/285432856.md) - [zh-HK](https://longbridge.com/zh-HK/news/285432856.md) --- # Central Garden & Pet | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 906.15 M Revenue: As of FY2026 Q2, the actual value is USD 906.15 M, beating the estimate of USD 845.15 M. EPS: As of FY2026 Q2, the actual value is USD 1.28, beating the estimate of USD 1.0899. EBIT: As of FY2026 Q2, the actual value is USD 123.02 M. #### Overall Financial Results (Q2 FY 2026 vs Q2 FY 2025) - Gross margin expanded by 30 basis points to 33.1%, compared with 32.8%. - Operating income totaled $114 million, compared with $93 million. - Operating margin was 12.6%, compared with 11.2%. - Other expense was - $0.351 million, compared with other income of $0.744 million. - Net interest expense of $9 million was consistent with the prior year. - Net income was $79 million, compared with $64 million. - Adjusted EBITDA was $139 million, compared with $123 million. - Adjusted EBITDA margin was 15.4%, compared with 14.8%. #### Pet Segment Results (Q2 FY 2026 vs Q2 FY 2025) - Net sales in the Pet segment were $477 million, compared with $454 million, primarily driven by continued strength in Dog & Cat and Animal Health, as well as Outdoor Cushions shipments shifting from the first quarter into the second. - Operating income was $78 million, compared with $61 million. - Operating margin was 16.3%, compared with 13.4%. - Adjusted EBITDA was $89 million, compared with $75 million. - Adjusted EBITDA margin was 18.6%, compared with 16.6%. #### Garden Segment Results (Q2 FY 2026 vs Q2 FY 2025) - Net sales in the Garden segment were $429 million, compared with $380 million, primarily driven by shipments shifting from the first quarter into the second, and new listings in Grass and Fertilizer. - Operating income was $66 million, compared with $59 million. - Operating margin was 15.4%, compared with 15.5%. - Adjusted EBITDA was $76 million, compared with $69 million. - Adjusted EBITDA margin was 17.7%, compared with 18.2%. #### Liquidity and Debt (Q2 FY 2026 vs Q2 FY 2025) - Cash used in operations was $50 million, compared with $47 million, primarily reflecting seasonal working capital timing. - Central Garden & Pet Company repurchased 110 thousand shares for $3.4 million during the quarter. - As of March 28, 2026, $128 million remained available for future stock repurchases. - Cash and cash equivalents at March 28, 2026, totaled $653 million, compared with $517 million. - Total debt was $1.2 billion, consistent with the prior year period, with strong liquidity supporting continued investment capacity and financial flexibility. - Gross leverage ended the second quarter at 2.8x, compared with 2.9x in the prior year and below the target range of 3.0 to 3.5x. - Central Garden & Pet Company had no borrowings outstanding under its credit facility at quarter end. #### Outlook / Guidance Central Garden & Pet Company reaffirms its fiscal 2026 outlook for non-GAAP diluted EPS of $2.70 or better, driven by continued margin discipline, ongoing investment in growth initiatives, and portfolio optimization. The company does not expect its pet distribution partnership to have a significant impact on EPS. Capital expenditures are projected to be approximately $50 million to $60 million, focused on maintenance, productivity initiatives, and targeted growth investments across both segments. ### Related Stocks - [CENT.US](https://longbridge.com/en/quote/CENT.US.md) ## Related News & Research - [StarbarĀ® Unveils Bold Rebrand, Expanding Product Line for Rural and Backyard Use | CENT Stock News](https://longbridge.com/en/news/286104204.md) - [Central Garden & Pet (CENT) Expected to Announce Quarterly Earnings on Wednesday](https://longbridge.com/en/news/273966530.md) - [West Pharma amends 8-K on material cyberattack disclosure](https://longbridge.com/en/news/287111623.md) - [Abundia Global Impact amends 8-K to disclose 2025 equity plan share increase](https://longbridge.com/en/news/287111321.md) - [Capital City Bank Group posts Q1 2026 investor presentation on website](https://longbridge.com/en/news/286599786.md)