WALNUT CREEK, Calif. (AP) — WALNUT CREEK, Calif. (AP) — Central Garden & Pet Co. (CENT) on Monday reported a loss of $9.8 million in its fiscal fourth quarter.
The Walnut Creek, California-based company said it had a loss of 16 cents per share. Losses, adjusted for one-time gains and costs, came to 9 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.
The maker of products for the pet supply and lawn and garden markets posted revenue of $678.2 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $666.1 million.
For the year, the company reported profit of $162.8 million, or $2.55 per share. Revenue was reported as $3.13 billion.
Central Garden expects full-year earnings to be $2.70 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CENT at https://www.zacks.com/ap/CENT
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