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FLO Flowers Foods News Story

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Consumer DefensivesBalancedMid CapSuper Stock

Flowers Foods Q3 net sales up 3%

Overview

Flowers Foods Q3 net sales rise 3% to $1.227 bln, meeting analyst expectations

Adjusted EPS for Q3 meets analyst expectations at $0.23

Net income for Q3 falls 39.2% due to higher interest expenses

Outlook

Company forecasts 2025 adjusted EBITDA of $515 mln to $532 mln

Flowers Foods anticipates 2025 adjusted EPS of $1.02 to $1.08

Result Drivers

SIMPLE MILLS ACQUISITION - Contributed $70.7 mln to net sales, offsetting pricing/mix and volume declines

CHALLENGING ENVIRONMENT - Higher interest expense and consumer challenges led to a 39.2% decrease in net income

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesMeet$1.23 bln$1.23 bln (8 Analysts)
Q3 Adjusted EPSMeet$0.23$0.23 (6 Analysts)
Q3 EPS$0.19
Q3 Adjusted Net Income$48.70 mln
Q3 Net Income$39.50 mln
Q3 Adjusted EBITDA$118.10 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the food processing peer group is "buy." Wall Street's median 12-month price target for Flowers Foods Inc is $15.00, about 19.3% above its November 5 closing price of $12.10 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago Press Release: ID:nPnc91DCa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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