---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-062202"
form_type: "8-K"
ticker: "FLO"
cik: "0001128928"
company_name: "FLOWERS FOODS INC"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:05:46.473451+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Flowers Foods Q3 net loss $46.7M on $1.199B record sales; guidance narrowed lower

## Summary
- Net loss of $46.7M vs prior-year net income of $40.6M; diluted EPS loss $0.22.
- Adjusted EPS $0.29, down $0.01 YoY; adjusted EBITDA $121.2M (+0.6%).
- Sales rose 3.5% to a Q3 record $1.199B; pricing/mix +6.3% offset volume decline of 4.1%.
- FY2023 sales guidance narrowed to $5.085-5.104B from $5.095-5.141B; adjusted EBITDA lowered to $495-515M.
- Q3 legal settlement expense of $0.49/sh; adjusted EPS outlook reaffirmed at $1.18-$1.25.

## SEC filing metadata
- accession: 0000950170-23-062202
- form_type: 8-K
- ticker: FLO
- cik: 0001128928
- company_name: FLOWERS FOODS INC
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1128928/000095017023062202/0000950170-23-062202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1128928/000095017023062202/flo-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-062202
- JSON: https://secwatch.observer/filing/0000950170-23-062202.json
- Plain text: https://secwatch.observer/filing/0000950170-23-062202.txt

## Key facts
- Earnings Releases
  FLOWERS FOODS INC reported 12-week fiscal third quarter ended October 7, 2023 results: revenue $1.199 billion, net income net loss of $46.7 million, EPS loss of $0.22.
  - Period: 12-week fiscal third quarter ended October 7, 2023
  - Revenue: $1.199 billion
  - Net income: net loss of $46.7 million
  - EPS: loss of $0.22
  - Result: reported results
  source text: fiscal third quarter ended October 7, 2023. Third Quarter Summary: Compared to the prior year third quarter where applicable • Sales increased 3.5% to a third-quarter record, $1.199 billion. • Net income decreased $87.3 million to a net loss of $46.7 million, primarily due to increased legal settlement expense. Adjusted net income (1) decreased 4.5% to $61.7
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128928/000095017023062202/0000950170-23-062202-index.htm
- Earnings Releases
  FLOWERS FOODS INC reported fiscal year 2023 results: EPS $1.18 to $1.25 (adjusted diluted EPS). Guidance reaffirmed.
  - Period: fiscal year 2023
  - EPS: $1.18 to $1.25 (adjusted diluted EPS)
  - Guidance: reaffirmed
  - Result: guidance update
  source text: For the 52-week Fiscal 2023, the Company Expects: • Sales in the range of approximately $5.085 billion to $5.104 billion, representing an increase of approximately 5.8% to 6.2% compared to the prior year period. Prior guidance called for sales of approximately $5.095 billion to $5.141 billion, representing an increase of approximately 6.0% to 7.0% compared to the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128928/000095017023062202/0000950170-23-062202-index.htm
- Earnings Releases
  FLOWERS FOODS INC reported fiscal year 2023 results: EPS $1.18 to $1.25 (adjusted diluted EPS). Guidance reaffirmed.
  - Period: fiscal year 2023
  - EPS: $1.18 to $1.25 (adjusted diluted EPS)
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Adjusted diluted EPS (1) in the range of approximately $1.18 to $1.25, consistent with prior guidance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128928/000095017023062202/0000950170-23-062202-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.