Central Garden & Pet Company has released its financial results for the third quarter of fiscal 2025. The company reported net sales of $961 million, marking a 4% decrease compared to the same period in 2024. Despite the decline in sales, gross profit increased by 5% to $332 million, attributed to productivity efforts from the company's Cost and Simplicity program, which expanded the gross margin by 280 basis points to 34.6%. GAAP net income attributable to Central Garden & Pet Company rose to $95.0 million from $79.7 million in the same quarter of the previous year. Non-GAAP net income also increased, reaching $97.9 million compared to $88.2 million in the prior year's quarter. The GAAP diluted net income per share was reported at $1.52, while the non-GAAP diluted net income per share was $1.56, up from $1.32 in the corresponding period of 2024. The company continues to expect fiscal 2025 non-GAAP EPS to be approximately $2.60. This reflects an anticipated shift in consumer behavior amid ongoing macroeconomic and geopolitical challenges, as well as uncertainty within the brick-and-mortar retail landscape and the duration of the garden selling season. Operationally, Central Garden & Pet consolidated two outdated garden distribution facilities in Ontario, California, and Salt Lake City, Utah, into a larger, modern facility in Salt Lake City, incurring a charge of $2.2 million in the Garden segment during the third quarter. Additionally, the Pet segment incurred an incremental charge of $1.7 million due to the transition to a direct export-only model.