earnings
confidence high
sentiment neutral
materiality 0.75
Flowers Foods reports Q4 sales down 3.9% to $983.5M; guides FY2022 sales growth of 7.6%-8.4%
FLOWERS FOODS INC
2021-FY EPS reported
$0.97
revenue$4,330,767,000
- Full-year adjusted EPS $1.24 (down $0.07); Q4 adjusted EPS $0.20 (down $0.08).
- Q4 adjusted EBITDA $88.7M, down 21.9% vs prior year period.
- Fiscal 2022 guidance: sales $4.660-4.695B, adjusted EPS $1.25-1.35.
- Price increase implemented Jan 2022 to offset inflationary pressures.
- Capital expenditures expected $175M-$185M, including $65-75M for ERP upgrade.