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Non-Tech : Central Garden & Pet Co. (Nasdaq : CENT)
CENT 31.68-1.9%Jan 7 3:59 PM EST

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To: Dale Stempson who wrote ()7/8/1999 6:04:00 AM
From: Dale Stempson   of 73
 
REF: Second Quarter Results (5/6/99)

Thursday May 6, 5:36 pm Eastern Time

Company Press Release

Central Garden & Pet Announces Second Quarter Results for Fiscal 1999

LAFAYETTE, Calif.--(BUSINESS WIRE)--May 6, 1999--Central Garden & Pet Company (NASDAQ:CENT - news), the nation's leading supplier of consumer lawn and garden and pet supply products, today announced record financial results for the fiscal second quarter ended March 27, 1999.

Net sales for the fiscal second quarter increased 25.5% to $447.1 million from $356.2 million in the comparable 1998 period. Net income for the fiscal second quarter was $15.5 million compared with net income of $12.4 million in the comparable 1998 quarter. Earnings per diluted share were $0.51, an increase of 30.8% compared to earnings of $0.39 per diluted share in the year-ago period. The weighted average number of shares outstanding for the quarter decreased to 32,833,000 from 34,822,000 in the comparable year-ago period, primarily as a result of the Company's share repurchase program announced in August 1998.

Link for complete earnings press release:

biz.yahoo.com

Regards - Dale
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