Flowers Foods, Inc. (NYSE: FLO) has reported its financial results for the 12-week second quarter ended July 12, 2025. Here are the key highlights:
-
Net sales increased by 1.5% to $1.243 billion compared to the prior year's second quarter. The increase was primarily attributed to the benefit from the Simple Mills acquisition.
-
Net income decreased by 12.8% to $58.4 million, representing 4.7% of sales, with an 80-basis point decrease. Adjusted net income also decreased by 16.0% to $63.4 million.
-
Adjusted EBITDA decreased by 4.0% to $137.7 million, representing 11.1% of net sales, with a 60-basis point decrease.
-
Diluted EPS decreased by $0.04 to $0.28, and adjusted diluted EPS decreased by $0.06 to $0.30.
-
Simple Mills contributed $61.4 million in net sales, with a net loss of $2.1 million and $10.9 million to adjusted EBITDA, resulting in ($0.01) diluted EPS.
-
For the fiscal year 2025, the company expects net sales of approximately $5.239 billion to $5.308 billion, representing 2.7% to 4.0% growth compared to the prior year. The adjusted EBITDA is expected to be in the range of approximately $512 million to $538 million, and adjusted diluted EPS is expected to be approximately $1.00 to $1.10.
-
Year-to-date, cash flow from operating activities increased by $98.0 million to $266.5 million, capital expenditures decreased by $4.9 million to $56.4 million, and dividends paid to shareholders increased by $2.8 million to $104.8 million. Cash and cash equivalents were $11.0 million at quarter end.
-
Headquartered in Thomasville, GA, Flowers Foods, Inc. is one of the largest producers of packaged bakery foods in the United States, with 2024 net sales of $5.1 billion.
The company's chairman and CEO, Ryals McMullian, stated that macroeconomic uncertainty and shifting consumer demand have continued to pressure the bread category, but the company's portfolio strategy has shown promise in offsetting those headwinds. The revised 2025 guidance reflects lower-than-expected second quarter revenues, largely due to softness in traditional loaf sales and a more intense competitive environment, which is expected to persist throughout the year. Flowers Foods is proactively working to mitigate this weakness with disciplined cost savings efforts.
For further details, the company has provided reconciliations of non-GAAP measures in the financial statements following the release.
For any inquiries, the investor contact is Eric Jacobson at [email protected], and the media contact information can be found at http://flowersfoods.com/contact/. As a result of these announcements, the company's shares have moved -1.07% on the market, and are now trading at a price of $16.58. If you want to know more, read the company's complete 8-K report here.
