Central Garden 1Q sales up, loss narrows

摘要

Walnut Creek, Calif.—Central Garden & Pet reported a 6 percent increase in sales, to $307.3 million for the first quarter endingDec.27,2014,upfromtheyear-ago$290.5million.Both Garden andPet divisions reported higher sales. While operating income moved into the plus column at $1.1 million compared to the year-ago loss of $8.4 million, the company continued to report a seasonal net loss, though one that narrowed to $5.7 million($0.12perdilutedshare)fromtheyear-ago$12.7million ($0.26 per share).