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Central Backyard & Pet Firm (NASDAQ:CENT) Barclays 18th Annual International Shopper Staples Convention 2025 September 4, 2025 9:45 AM EDT
Firm Individuals
Brad Smith – Chief Monetary Officer
Convention Name Individuals
Hale Holden – Barclays Financial institution PLC, Analysis Division
Presentation
Hale Holden
Managing Director
All proper. Properly, thanks for becoming a member of me. My identify is Hale Holden. I am joined with Brad Smith, Chief Monetary Officer of Central Backyard & Pet. That is Central’s first on-stage look, however not our first on the convention.
Query-and-Reply Session
Hale Holden
Barclays Financial institution PLC, Analysis Division
So first query we’ve got is, at a excessive degree, Central is slightly totally different than among the different staples firms which have offered this week. The corporate began in distribution and has a mixture of branded and personal label collectively. And so possibly stroll via what makes Central slightly totally different than a few of its friends or particular, if you would like.
Brad Smith
Chief Monetary Officer
Okay. Good morning, everybody. Because the identify suggests, we’re a pet and backyard provides firm positioned within the San Francisco Bay Space, with revenues proper now of over $3 billion a 12 months. We’re a type of firms that is identified actually extra by the model names of the merchandise we promote, akin to Nylabone, in case you have a canine, or Pennington, for those who’re taking good care of your garden.
Attributes that make us distinctive as an organization in my opinion, initially, we’re actually distinctive in that we’re an entrepreneurial [ BU-led ] tradition. This firm was constructed by buying companies the place the founders have been prepared to fascinated by taking some cash off the desk, however needed to nonetheless proceed to be concerned in working and rising these companies going ahead. And so we have got many of those companies that we have taken on through the years. Pennington Seed, for
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