Central Garden & Pet Company reported its fiscal 2025 third-quarter financial results, highlighting a 4% decrease in net sales, which totaled $961 million compared to the same period in fiscal 2024. Despite the decline in net sales, the company achieved a gross profit of $332 million, marking a 5% increase from the previous year. This resulted in a gross margin expansion of 280 basis points to 34.6%, attributed to productivity efforts under the company's Cost and Simplicity program. The company's GAAP net income for the third quarter stood at $95.007 million, up from $79.724 million in the same period of the previous year. Non-GAAP net income also rose, reaching $97.919 million compared to $88.249 million in the prior year. GAAP diluted net income per share was reported at $1.52, while non-GAAP diluted net income per share was $1.56, both showing an increase from $1.19 and $1.32, respectively, in the third quarter of fiscal 2024. Central Garden & Pet's SG&A expenses decreased by 2%, reflecting the company's focus on cost discipline, though SG&A as a percentage of net sales increased due to lower net sales. The company's strategic priorities, particularly the Central to Home strategy, were emphasized as key drivers of performance amidst broader macroeconomic and geopolitical uncertainties.