First Quarter 2012 DetailsBoth the Garden Products and Pet Products segments contributed to the Company’s sales gains for the quarter. Net sales for the Garden Products segment rose 8 percent or $7.9 million over the same period a year ago to $102.8 million. The Garden Products segment’s branded product sales were $89.9 million and sales of other manufacturers’ products were $12.9 million. Historically, first quarter revenues for the Garden Products segment have been the lowest of any quarter of the year due to the seasonality of the lawn and garden market. In the first quarter, the Garden Products segment’s gross and operating margins continued to be impacted by high raw material costs for bird feed and by product mix. The Garden Products segment’s operating loss in the quarter was $11.1 million, compared to an operating loss of $8.0 million in the first quarter of 2011.
Central Garden & Pet Company Announces Fiscal 2012 First Quarter Results
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