---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-209701"
form_type: "8-K"
ticker: "FLO"
cik: "0001128928"
company_name: "FLOWERS FOODS INC"
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T13:52:45.730556+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Flowers Foods Q2 sales record $1.228B +8.8%, EPS $0.30, raises FY23 guidance; CSO retiring

## Summary
- Q2 sales $1.228B (record, +8.8% YoY); net income $63.8M (+18.8%); diluted EPS $0.30 vs $0.25.
- Adjusted diluted EPS $0.33 vs $0.31; adjusted EBITDA $133.1M (+10.9%, 10.8% margin).
- FY23 guidance raised: sales $5.095-5.141B; adj. EBITDA $503-528M; adj. EPS $1.18-1.25.
- Chief Sales Officer D. Keith Wheeler retiring after 35 years; steps down Aug 31, 2023, to senior advisor until Dec 31, 2023, then consultant.

## SEC filing metadata
- accession: 0001193125-23-209701
- form_type: 8-K
- ticker: FLO
- cik: 0001128928
- company_name: FLOWERS FOODS INC
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1128928/000119312523209701/0001193125-23-209701-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1128928/000119312523209701/d532624d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-209701
- JSON: https://secwatch.observer/filing/0001193125-23-209701.json
- Plain text: https://secwatch.observer/filing/0001193125-23-209701.txt

## Key facts
- Earnings Releases
  FLOWERS FOODS INC reported for the company's 12-week fiscal second quarter ended July 15, 2023 results: revenue a second quarter-record $1.228 billion, net income $63.8 million, EPS $0.30. Guidance raised.
  - Period: for the company's 12-week fiscal second quarter ended July 15, 2023
  - Revenue: a second quarter-record $1.228 billion
  - Net income: $63.8 million
  - EPS: $0.30
  - Guidance: raised
  - Result: reported results
  source text: Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company's 12-week fiscal second quarter ended July 15, 2023. Second Quarter Summary: Compared to the prior year second quarter where applicable • Sales increased 8.8% to a second quarter-record $1.228 billion. • Net income increased 18.8% to $63.8 million. Adjusted net income(1) increased 8.8% to $70.9 million. • Adjusted EBITDA(1) increased 10.9% to $133.1 million, representing 10.8% of sales, a 20-basis point increase. • Diluted EPS increased $0.05 to $0.30. Adjusted diluted EPS(1) increased $0.02 to $0.33.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128928/000119312523209701/0001193125-23-209701-index.htm
- Executive change
  D. Keith Wheeler departed as chief sales officer at FLOWERS FOODS INC.
  - Action: retire
  - Role: chief sales officer
  source text: On August 10, 2023, D. Keith Wheeler, chief sales officer of the Company, notified the Company that he will retire from the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128928/000119312523209701/0001193125-23-209701-index.htm

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