Central Garden & Pet (Nasdaq: CENT) reported earnings on May 2. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 24 (Q2), Central Garden & Pet missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue dropped and GAAP earnings per share shrank significantly.

Margins contracted across the board.

Revenue details
Central Garden & Pet booked revenue of $466.9 million. The three analysts polled by S&P Capital IQ expected revenue of $502.6 million on the same basis. GAAP reported sales were 3.9% lower than the prior-year quarter's $485.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.45. The four earnings estimates compiled by S&P Capital IQ predicted $0.54 per share. GAAP EPS of $0.45 for Q2 were 17% lower than the prior-year quarter's $0.54 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 31.6%, 200 basis points worse than the prior-year quarter. Operating margin was 9.7%, 260 basis points worse than the prior-year quarter. Net margin was 4.6%, 190 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $510.0 million. On the bottom line, the average EPS estimate is $0.45.

Next year's average estimate for revenue is $1.67 billion. The average EPS estimate is $0.55.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 106 members out of 126 rating the stock outperform, and 20 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 33 give Central Garden & Pet a green thumbs-up, and eight give it a red thumbs-down.

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