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Central Garden and Pet posts

Central Garden Is Trying Investors' Patience

Posted Dec 22nd 2009 1:40PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

Central Garden & Pet Company's (CENT) stock continues to meander, but I'm reiterating my buy rating for the shares, first recommended on June 22, 2009 at a price of $10.16. Here's why:

Central posted Q3 EPS of 12 cents, in-line with the First Call Q3 EPS estimate of 12 cents, and that's good enough to keep the company's recovery narrative in-place. Namely -- that CENT, which receives about 50% of its revenue from pet products/care, will not suffer the fate of other retail plays, under the thesis that the now 'frugal consumer' Americans will give up a lot before giving up their pets.

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Central Garden & Pet knows the importance of the extended members of the family

Posted Jun 22nd 2009 1:10PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

It goes without saying that pets such as dogs and cats are treated as extended members of the family in the United States.

Still, the pet care sector has seen its share of volatility, and has not been a preferred sector in these circles. But there are exceptions, and the Central Garden & Pet Company (NASDAQ: CENT) is one.

Continue reading Central Garden & Pet knows the importance of the extended members of the family