earnings
confidence high
sentiment positive
materiality 0.70
Flowers Foods Q2 sales down 0.8% to $1.017B; raises FY EPS guidance to $1.17-$1.22
FLOWERS FOODS INC
2021-Q2 EPS reported
$0.60
revenue$2,319,477,000
- Sales $1.017B (-0.8% vs prior year); net income $56.4M (-2.7%); dil EPS $0.26 vs $0.27.
- Adjusted dil EPS $0.32 vs $0.33; adjusted EBITDA $122.1M (-5.0%), 12.0% of sales.
- Branded retail sales down 2.0% to $674.7M; non-retail up 9.9% to $211.5M.
- FY 2021 sales guidance raised to $4.256B-$4.300B (prev $4.234B-$4.300B); dil EPS raised to $1.17-$1.22 from $1.10-$1.17.
- Cash from ops $223.4M YTD; dividends $87.0M; cash $292.3M at Q2 end.