earnings
confidence high
sentiment negative
materiality 0.80
Flowers Foods Q2 net sales down 4.0% to $1.193B; cuts FY2026 guidance
FLOWERS FOODS INC
- Diluted EPS $0.19 (down $0.09 YoY); adjusted EPS $0.21; net income $40.7M, -30.3%.
- Adjusted EBITDA $111.3M, -19.2%; margin 9.3% of sales, down 180 bps.
- Branded Retail net sales $794.6M (-3.8%); Other net sales $398.3M (-4.4%); volume -5.8%.
- FY2026 guidance cut: net sales $5.070-5.142B, adj. EBITDA $453-481M, adj. EPS $0.75-0.85.
- CEO cites category headwinds; accelerating Nature's Own relaunch and cost realignment.