Bear Of The Day: Central Garden And Pet (CENT)
Posted on December 03, 2010 at 02:25 AM EST
Central Garden & Pet Company (NASDAQ:CENT) delivered disappointing fourth-quarter 2010 results with top line continuing its sluggish performance and bottom line swinging to a loss. We witnessed a weak Garden Products segment, with sales falling 17% due to soft demand and lower prices. However, the Pet Products segment remained the bright spot with sales increasing [...]