secwatch.observer — SEC 8-K summary
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Issuer:     FLOWERS FOODS INC (FLO)
CIK:        0001128928
Form:       8-K
Filed at:   2026-05-21T20:10:52+00:00
Accession:  0001193125-26-234421
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flowers Foods Q1 net income down 20.6%, resets dividend to $0.50 annual; reaffirms FY guidance
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- Net sales up 1.1% to $1.572B, but net income fell 20.6% to $42.1M; adjusted diluted EPS $0.29 vs $0.35 YoY.
- Dividend reset to $0.125 quarterly ($0.50 annual), down from prior rate; payable June 26 to holders of record June 12.
- Branded Retail sales +3.4% to $1.045B; Other sales -3.1% to $526.2M as volume declined 3.3% overall.
- Adjusted EBITDA decreased 1.8% to $159.0M, representing 10.1% of sales; reaffirmed FY2026 EBITDA and EPS guidance.
- Operating cash flow $107.9M, down $27.8M; CEO cites challenging consumer environment and higher interest expense.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1128928/000119312526234421/0001193125-26-234421-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1128928/000119312526234421/flo-20260521.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-234421

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