earnings
confidence high
sentiment positive
materiality 0.75
Flowers Foods Q3 sales up 3.9% to $1.028B; raises FY2021 guidance
FLOWERS FOODS INC
2021-Q3 EPS reported
$0.78
revenue$3,347,277,000
- Net income $38.9M (-12.4% YoY); adjusted EPS $0.30 (+$0.01 YoY).
- Branded retail sales up 4.8% to $689.1M; non-retail sales up 9.2%.
- FY2021 sales guidance raised to $4.300B–$4.344B; EPS to $1.22–$1.26.
- Adjusted EBITDA $118.5M (11.5% of sales); D&A $31.7M.
- YTD operating cash flow $315.2M; dividends paid $131.5M; share repurchases continue.