secwatch.observer — SEC 8-K summary
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Issuer:     FLOWERS FOODS INC (FLO)
CIK:        0001128928
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001193125-23-148740
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1128928/000119312523148740/0001193125-23-148740-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1128928/000119312523148740/d488032d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-148740

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