earnings
confidence high
sentiment neutral
materiality 0.80
Flowers Foods Q1 sales record $1.44B, adj. EPS $0.44 beat; FY EPS guidance cut to $1.20-1.30
FLOWERS FOODS INC
2022-Q1 EPS reported
$0.40
revenue$1,435,932,000
- Sales up 10.3% to $1.436B (record); net income $85.6M (+19.4%).
- Adjusted diluted EPS $0.44 (record, +$0.03 YoY); GAAP EPS $0.40.
- FY2022 sales guidance raised to $4.764-4.850B (10-12% growth).
- FY2022 adjusted EPS guidance lowered to $1.20-1.30 from $1.25-1.35.
- Inflation and supply chain disruptions; Q2 price increase to help; $0.05 EPS hit in Q2+Q3.