Central Garden & Pet Company announced results for its second quarter
May 7, 2010
Central Garden & Pet Company announced results for its second quarter ending on 27 March 2010. Operating margins improved to 13.7 per cent for the second quarter of 2010 from 12 percent for the second quarter last year. The company reported net sales of $ 442 million in the quarter, a decline of 7 percent compared to $ 476 million in the comparable fiscal 2009 period. Branded product sales decreased 10 per cent to $ 368 million. Sales of other manufacturers' products increased 10 percent to $ 74 million.
Net sales for the pet products segment were $ 222 million, a decrease of 3 per cent compared to the year-ago period. Branded product sales were $183 million, a decrease of $ 7 million compared to last year. Sales of other manufacturers' products were $ 39 million compared to $ 38 million last year.
