secwatch.observer — SEC 8-K summary
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Issuer:     FLOWERS FOODS INC (FLO)
CIK:        0001128928
Form:       8-K
Filed at:   2022-08-12T23:59:59+00:00
Accession:  0001193125-22-219212
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flowers Foods Q2 sales record $1.129B (+11%), net income -4.8%; raised FY adj. EPS guidance low end to $1.25
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- Sales increased 11.0% to a second-quarter record $1.129B; net income decreased 4.8% to $53.7M.
- Diluted EPS $0.25 (down $0.01 YoY); adjusted diluted EPS $0.31 (down $0.01).
- Fiscal 2022 guidance: sales $4.764B-$4.850B (+10-12%); adjusted EPS $1.25-$1.30 (prior $1.20-$1.30).
- Board increased share repurchase authorization by 20M shares; year-to-date repurchased $16.5M of stock.
- Invested in Base Culture, a premium baked goods brand; increased dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1128928/000119312522219212/0001193125-22-219212-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1128928/000119312522219212/d367571d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-219212

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