secwatch.observer — SEC 8-K summary
======================================

Issuer:     FLOWERS FOODS INC (FLO)
CIK:        0001128928
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0000950170-23-062202
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1128928/000095017023062202/0000950170-23-062202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1128928/000095017023062202/flo-20231109.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-062202

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer