---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-148740"
form_type: "8-K"
ticker: "FLO"
cik: "0001128928"
company_name: "FLOWERS FOODS INC"
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:23:59.211591+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Flowers Foods Q1 EPS falls 17% to $0.33; guides FY2023 adjusted EPS $1.15-$1.25

## Summary
- Net income $70.7M (-17.4%), diluted EPS $0.33; adjusted net income $80.9M (-13.1%), adjusted EPS $0.38.
- Sales record $1.534B (+6.9%) driven by pricing/mix +13.6%, volumes -7.3%.
- Branded retail sales +2.5% to $979.3M; other sales +15.6% to $555.1M.
- FY2023 outlook: sales $5.086B-$5.141B, adjusted EBITDA $494M-$528M, adjusted EPS $1.15-$1.25.
- Cash from operations $58M vs $124.2M prior year; dividends paid $49.1M.

## SEC filing metadata
- accession: 0001193125-23-148740
- form_type: 8-K
- ticker: FLO
- cik: 0001128928
- company_name: FLOWERS FOODS INC
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1128928/000119312523148740/0001193125-23-148740-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1128928/000119312523148740/d488032d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-148740
- JSON: https://secwatch.observer/filing/0001193125-23-148740.json
- Plain text: https://secwatch.observer/filing/0001193125-23-148740.txt

## Key facts
- Earnings Releases
  FLOWERS FOODS INC reported 52-week Fiscal 2023 results: revenue Sales in the range of approximately $5.086 billion to $5.141 billion, EPS Adjusted EPS(2) in the range of approximately $1.15 to $1.25. Guidance lowered.
  - Period: 52-week Fiscal 2023
  - Revenue: Sales in the range of approximately $5.086 billion to $5.141 billion
  - EPS: Adjusted EPS(2) in the range of approximately $1.15 to $1.25
  - Guidance: lowered
  - Result: guidance update
  source text: For the 52-week Fiscal 2023, the Company Expects: • Sales in the range of approximately $5.086 billion to $5.141 billion, representing an increase of approximately 5.8% to 7.0% compared to the prior year period. • Adjusted EBITDA(2) in the range of approximately $494 million to $528 million. • Adjusted EPS(2) in the range of approximately $1.15 to $1.25.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128928/000119312523148740/0001193125-23-148740-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.