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Flowers Foods (NYSE:FLO) Posts Quarterly Earnings Results

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Key Points

  • Flowers Foods missed quarterly expectations: The company reported $0.21 in EPS versus the $0.22 consensus estimate, while revenue of $1.19 billion fell short of the $1.23 billion forecast.
  • FY 2026 EPS guidance was updated to $0.75–$0.85. Shares declined to $7.13 following the results, near the company’s one-year low of $6.80.
  • Analyst sentiment remains cautious: Flowers Foods has a consensus “Reduce” rating and an average price target of $8.00, while CFO Diego Scaglione recently purchased 5,000 shares.
  • Five stocks we like better than Flowers Foods.

Flowers Foods (NYSE:FLO - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01), FiscalAI reports. Flowers Foods had a return on equity of 15.98% and a net margin of 1.38%.The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.23 billion. Flowers Foods updated its FY 2026 guidance to 0.750-0.850 EPS.

Flowers Foods Price Performance

Shares of Flowers Foods stock traded down $0.33 on Thursday, reaching $7.13. 7,770,678 shares of the stock were exchanged, compared to its average volume of 6,197,164. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.57 and a current ratio of 0.77. The firm has a market cap of $1.51 billion, a PE ratio of 20.37 and a beta of 0.40. The firm's 50 day moving average is $7.81 and its 200-day moving average is $8.47. Flowers Foods has a one year low of $6.80 and a one year high of $15.98.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Jefferies Financial Group set a $7.00 price objective on Flowers Foods in a research report on Monday, August 3rd. Wall Street Zen downgraded shares of Flowers Foods from a "buy" rating to a "hold" rating in a research note on Sunday, May 3rd. Stephens decreased their target price on shares of Flowers Foods from $11.00 to $8.00 and set an "equal weight" rating on the stock in a research report on Monday, May 18th. Zacks Research raised shares of Flowers Foods from a "strong sell" rating to a "hold" rating in a report on Thursday, May 21st. Finally, Weiss Ratings downgraded shares of Flowers Foods from a "sell (d+)" rating to a "sell (d)" rating in a research report on Thursday, August 13th. Four investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Reduce" and an average price target of $8.00.

Check Out Our Latest Research Report on FLO

Insider Transactions at Flowers Foods

In other news, CFO Diego Anthony Scaglione acquired 5,000 shares of the firm's stock in a transaction that occurred on Monday, June 8th. The shares were acquired at an average cost of $7.51 per share, with a total value of $37,550.00. Following the completion of the purchase, the chief financial officer directly owned 194,180 shares of the company's stock, valued at $1,458,291.80. The trade was a 2.64% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 7.23% of the stock is owned by company insiders.

Institutional Investors Weigh In On Flowers Foods

Large investors have recently modified their holdings of the business. Virtu Financial LLC bought a new position in shares of Flowers Foods in the 4th quarter valued at $399,000. Invesco Ltd. raised its holdings in shares of Flowers Foods by 48.1% during the 4th quarter. Invesco Ltd. now owns 5,333,854 shares of the company's stock worth $58,032,000 after buying an additional 1,732,003 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of Flowers Foods by 1,905.6% during the 4th quarter. Corient Private Wealth LLC now owns 297,124 shares of the company's stock worth $3,233,000 after buying an additional 282,309 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Flowers Foods by 76.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 102,316 shares of the company's stock valued at $1,113,000 after purchasing an additional 44,447 shares in the last quarter. Finally, Vident Advisory LLC boosted its position in Flowers Foods by 73.7% in the fourth quarter. Vident Advisory LLC now owns 24,310 shares of the company's stock valued at $264,000 after buying an additional 10,313 shares in the last quarter. Institutional investors and hedge funds own 75.45% of the company's stock.

About Flowers Foods

(Get Free Report)

Flowers Foods, Inc is one of the largest producers of packaged bakery foods in the United States, offering a variety of fresh bread, buns, rolls, snack cakes and tortillas. Headquartered in Thomasville, Georgia, the company operates an extensive network of bakeries and distribution centers that serve retail grocery chains, convenience stores, mass merchandisers and foodservice customers nationwide. Flowers Foods markets its products under well-known brands such as Nature's Own, Wonder, Dave's Killer Bread, Mrs.

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Earnings History for Flowers Foods (NYSE:FLO)

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