Central Garden & Pet Co

CENT

Market cap $2.36B

CENT's joint venture with Phillips is likely to boost nationwide pet distribution scale while keeping a 20% stake and sharpening focus on its branded consumer strategy.

Firm will serve as integration agent providing asset intelligent capital, real estate optimization and inventory rationalization Firm will serve as integration agent providing asset intelligent capital, real estate optimization and inventory rationalization

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #ChewToys--Nylabone, an iconic brand in the Central Garden & Pet portfolio, introduces the Love Our Oceans Collection ahead of Earth Day, featuring durable chew toys made with 30% reclaimed fishing nets – giving new purpose to materials that may otherwise harm marine ecosystems. The collection uses over 100,000 pounds of ocean-bound nylon repurposed into durable chew toys that support dogs' natural chewing instincts while helping reduce waste. Each year, over 1 mil.

WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #CentralToHome--Central Garden & Pet (NASDAQ: CENT, CENTA) (“Central”), a leading consumer goods company in the pet and garden industries, today announced a strategic partnership with Phillips Pet Food & Supplies (“Phillips”), a leading national distributor of pet products, to launch a strategic pet distribution joint venture. By bringing together two highly complementary platforms, the companies aim to create a stronger, more agile nationwide distribution network.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

ATLANTA--(BUSINESS WIRE)-- #DIY--DoMyOwn.com, the leading online retailer for professional-grade do-it-yourself pest control and lawn care products, and part of the Central Garden & Pet Company portfolio, announces the continuation of its partnership with television personality and DIY home improvement expert Richard Karn, who returns for a second year as the brand's Chief Solutions Officer. After a successful first year helping homeowners simplify lawn care, Karn's focus in year two shifts to one.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

These companies acquire established consumer brands with loyal customers, then improve margins and cash flow through efficiency efforts. Pet care, lawn and garden, and OTC healthcare products generate consistent demand, making these easy long-term wealth builders.

Central Garden (CENT) reported earnings 30 days ago. What's next for the stock?

From a technical perspective, Central Garden & Pet Company (CENT) is looking like an interesting pick, as it just reached a key level of support. CENT's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.