Spend food cuts annual prospects as tariffs bite profits

Flowers Foods, Inc. (NYSE: FLO) reported adjusted earnings per share of 35 cents in the third quarter, and the lack of analyst consensus estimate of 38 cents.

$1.55 billion in quarterly sales (down 1.4% year-on-year) missed analyst consensus estimates of $160 billion.

Adjusted EBITDA rose 1.6% to $162 million, or 10.4% of net sales, an increase of 30 basis points.

The company said it had completed the acquisition of the simple factory, which contributed $24.3 million in net sales, a net loss of $4.2 million, and adjusted EBITDA contributed $3.6 million.

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“Despite economic uncertainty and more than expected categories declined in the first quarter, the performance of flowers underlined the importance of our leading brands, each maintaining or gaining unit and dollar share. To mitigate the weaknesses of the categories, we continue to invest in thriving innovations and targeting growing categories and adjacent growing opportunities, McMulian McMulianChairman and CEO of Flower Foods.

“Our adjusted 2025 financial guidance reflects our first quarter performance, a challenging consumer environment and the potential to increase tariff costs. To improve our near-term results, we are gaining more shelf space, winning new businesses and taking other proactive measures while growing our business to enable long-term performance,” McMullian added.

Net revenue fell 27.4% to $53 million, or 3.4% of sales, down 120 basis points year-on-year.

prospect: Flowers Foods lowered its fiscal 20025 GAAP EPS guidelines to $0.95 to $1.05, below the consensus estimate of $1.16.

The company also lowered its sales outlook to $5.39 billion from its former $5.40 billion to $5.49 billion, compared with an estimated $5.41 billion.

Flowers Foods cut its fiscal adjusted EPS guidelines to $1.05 to $1.15, down from $1.18 to $1.28, compared to an estimated $1.16.

It also lowered sales guidelines (excluding simple factory acquisitions) to $5.08 billion to $5.17 billion, from $5.18 billion to $5.26 billion, compared with an estimated $5.41 billion.

According to Benzinga Pro, FLO stock has lost more than 32% in the past year. Investors can pass The first is the shortcoming of trust. Staple food alphadex (NYSE: FXG).

Price action: FLO shares traded 0.38% to $17.01 on the last check on Friday.

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